NioCorp Developments Ltd. Receives Expression of Interest for Potential $200 Million Debt Guarantee from UK Export Finance for Elk Creek Project, Coordinating with U.S. and German Agencies

Reuters
16 May
<a href="https://laohu8.com/S/NB">NioCorp Developments Ltd.</a> Receives Expression of Interest for Potential $200 Million Debt Guarantee from UK Export Finance for Elk Creek Project, Coordinating with U.S. and German Agencies

NioCorp Developments Ltd. has received a preliminary, non-binding Expression of Interest from the British Export Credit Agency, UK Export Finance (UKEF), for a potential debt guarantee of up to $200 million to support the construction of its Elk Creek Critical Minerals Project. This prospective funding would be coordinated with potential debt financing from the Export-Import Bank of the United States (EXIM) and a possible loan guarantee from the German Government's Untied Loan Guarantee Loan Program. The guarantee from UKEF is contingent upon NioCorp meeting specific conditions, including establishing offtake agreements with UK-based companies. This development reflects an ongoing regulatory review and engagement with various international financial bodies to secure project financing.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 1028588) on May 16, 2025, and is solely responsible for the information contained therein.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10