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NioCorp Added to MSCI USA Index
CENTENNIAL, CO / ACCESS Newswire / June 10, 2025 / NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB), a leading U.S. critical minerals
About this update from Niocorp Developments Ltd.
[{"type":"text","content":"CENTENNIAL, CO / ACCESS Newswire / June 10, 2025 / NioCorp Developments Ltd. (\"NioCorp\" or the \"Company\") (NASDAQ:NB), a leading U.S. critical minerals development company, is pleased to announce that it has been added in the MSCI USA Stock Index, effective as of May 30, 2025, following the May index review by MSCI Inc. (\"MSCI\").The MSCI USA Index is a part of the MSCI Global Small Cap Indexes, which capture small cap representation across 23 Developed Market countries. The index covers approximately 85% of the free float-adjusted market capitalization in the U.S. NYC-headquartered MSCI was formerly Morgan Stanley Capital International. According to MSCI, it represents that its clients include 91 of the top 100 pension funds, 96 of the top 100 asset managers, 89 of the top 100 banks, and $16.5 trillion in AUM.\"I'm very pleased to see NioCorp added to the MSCI USA Index as this will further enhance our visibility and accessibility to capital markets and institutional investors worldwide,\" said Mark A. Smith, NioCorp CEO and Executive Chairman. \"This enhanced global reach comes at a key time for the company as we continue to progress toward full project financing for our Elk Creek Critical Minerals project, which is fully permitted to launch construction.\"For more information on NioCorp and its Elk Creek Critical Minerals Project, please see this: https://www.niocorp.com/wp-content/uploads/NioCorp_Presentation.pdf# # #FOR MORE INFORMATION:Jim Sims, Corporate Communications Officer, NioCorp Developments Ltd., (720) 334-7066, [email protected]@NioCorp $NB #Niobium #Scandium #rareearth #neodymium #dysprosium #terbium #ElkCreek #China #exportban #PentagonABOUT NIOCORPNioCorp is developing a critical minerals project in Southeast Nebraska that is expected to produce niobium, scandium, and titanium (the \"Elk Creek Project\"). The Company also is evaluating the potential to produce several rare earths from the Elk Creek Project. Niobium is used to produce specialty alloys as well as High Strength, Low Alloy steel, which is a lighter, stronger steel used in automotive, structural, and pipeline applications. Scandium is a specialty metal that can be combined with Aluminum to make alloys with increased strength and improved corrosion resistance. Scandium is also a critical component of advanced solid oxide fuel cells. Titanium...