Critical Minerals Factbook
Federal instrument · Loan

EXIM letter of interest — NioCorp Elk Creek (up to $800 million)

Letter of interest issued March 6, 2023 by the Export-Import Bank of the United States to NioCorp for potential debt financing of up to $800 million for the Elk Creek Critical Minerals Project in Nebraska, through EXIM's Make More in America initiative. On February 4, 2025, EXIM advanced NioCorp's application to an independent technical review, part of EXIM's second level of project due diligence; this is recorded as a dated claim rather than a financial event because it reflects due-diligence progress, not a financing commitment. Financing had not closed as of the latest cited source.

Facts on this page last re-verified Aug 11, 2026 — the oldest verification date among its current claims. How we verify.

Financial state: Announced

Program: EXIM Make More in America Initiative · Export-Import Bank of the United States

Terms

Principal$800M (up to, as announced (letter of interest for potential debt financing))

Immutable financial events

  1. Mar 6, 2023 · Announced

Operational milestones are displayed on the linked facility line, not duplicated in this ledger.

Sources