Financial SupportNioCorp received a preliminary, non-binding term sheet for an $800M loan from the Export-Import Bank of the United States, which supports its financial planning.
Government FundingThe announcement regarding a public-private partnership with the U.S. Department of Defense is seen as a catalyst to develop the U.S. critical mineral mining industry, suggesting more government funding for NioCorp's critical mineral project in Nebraska.
Investor ConfidenceOngoing interest from the U.S. Export-Import (EXIM) Bank reflects growing confidence from investors in the project's potential.