NioCorp signs offtake covering half its planned ferroniobium output
The agreement would cover the first 15 years if the Elk Creek project reaches production; that remains contingent on financing and construction.
Event / data period: 2026-10-13
Published: · Updated:
NioCorp said on October 13 it had signed a definitive binding sales agreement with Traxys. If Elk Creek enters production, Traxys would take 50% of planned ferroniobium output during the first 15 years.
An existing ThyssenKrupp contract covers the other 50% of planned output for the first 10 years. Traxys also receives a 15-year global marketing right for scandium, titanium and rare-earth products, but deliveries depend on financing, construction and a production start.
Data
NioCorp signs offtake covering half its planned ferroniobium output
NioCorp signs offtake covering half its planned ferroniobium output
- Planned ferroniobium share covered by Traxys agreement
- 50 percent
- 2026-10-13 · Observed
Methodology
The agreement covers 50% of planned output, not current production. The share applies during the initial 15-year contract term.
Updated:
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