EXIM Reiterates Target to Finance Approximately 65% of Elk Creek Project Upfront CAPEX

EXIM signed a Letter of Support reiterating its target to provide debt financing equal to approximately 65% of the upfront CAPEX for NioCorp's Elk Creek Critical Minerals Project in Nebraska. The feasibility studies issued in August and September 2026 estimate upfront CAPEX at roughly $1.85 billion, implying a potential EXIM debt package of about $1.2 billion. EXIM will continue due diligence and anticipates presenting the transaction to its Transaction Review Committee, but no final financing commitment has been made.

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