# 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.

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- Publisher: Newsverum
- Section: Business
- Country: United States
- Published: 2026-10-15T21:30:20+00:00
- Updated: 2026-10-15T21:30:20+00:00
- Event / data period: 2026-10-13
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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

Methodology: The agreement covers 50% of planned output, not current production. The share applies during the initial 15-year contract term.

| label | value | unit | period | basis |
|---|---|---|---|---|
| Planned ferroniobium share covered by Traxys agreement | 50 | percent | 2026-10-13 | observed |

Sources: <https://www.niocorp.com/niocorp-places-100-of-its-planned-critical-minerals-production-under-commercial-sales-agreements/> · Download data: [JSON](https://newsverum.com/api/v1/articles/niocorp-signs-ferroniobium-offtake-agreement/data/reported-measure?lang=en&format=json) · [CSV](https://newsverum.com/api/v1/articles/niocorp-signs-ferroniobium-offtake-agreement/data/reported-measure?lang=en&format=csv)

## Sources

- [NioCorp](<https://www.niocorp.com/niocorp-places-100-of-its-planned-critical-minerals-production-under-commercial-sales-agreements/>) (Source checked: 2026-10-15; Published: 2026-10-13)

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