Niocorp Developments Ltd. · NASDAQ:NB
Niocorp Developments — H.C. Wainwright Global Investment Conference 2025
21 slides from Niocorp Developments's conference presentation, Sep 3, 2025
Slide 1: Strengthening American Supply Chains for U.S. Critical Minerals
Strengthening American Supply Chains for U.S. Critical Minerals SEPTEMBER 2026
Slide 2: Cautionary Statements
Cautionary Statements Forward-Looking Statements This Presentation of NioCorp Developments Ltd. (“NioCorp”) contains forward- Such expectations and assumptions are inherently subject to uncertainties and changes or disruptions in the securities markets; legislative, political or economic looking sta
Slide 3: NioCorp: At-a-Glance
NioCorp: At-a-Glance Funding & Strategic Alignment Elk Creek Critical Minerals Project with the U.S. Government Product Offtake 8 Made-in-USA Critical Minerals Over 40-Year Mine Life Underground Mine & Processing Facility Permitted for Construction Start $500M+ 100% Capital Raises & Funding of Plann
Slide 4: A Fundamentally Redesigned & De-Risked Project
A Fundamentally Redesigned & De-Risked Project Mine Access Schedule 2026 Feasibility Study Twin ramp from Pre-production period surface ← Twin shaft of 35 months3 25% 2022 Feasibility Study 2% 11% Material Energy Movement Supply LoM Gross Full-electric + On-site behind-the- Revenue1,2 Railveyor ← Di
Slide 5: Equity Financing Success Relative to Project Capital Requirements
Equity Financing Success Relative to Project Capital Requirements Anticipated Upfront CAPEX/Financing3 Capital Raises & Funding: $500M+ (Jan. 2025 – Feb. 2026) $29.6M in Proceeds from $50M Equity Offering, $1,800 SEPA/Warrant Exercises4 Gross Proceeds Jan. 1 – Oct. 10, 2025 Sept. 2025 $1,600 65% Deb
Slide 6: Elk Creek's 8 Critical Mineral Product Suite
Elk Creek’s 8 Critical Mineral Product Suite Critical Minerals Magnetic Rare Earths 1, 2 1, 2 Neodymium- Dysprosium Terbium Praseodymium Scandium Titanium Oxide Oxide3 Oxide3 Ferroniobium Oxide Tetrachloride Planned production Planned production Planned production 672 tons/year 67 tons/year 17 tons/
Slide 7: 100% of Planned Production Under Commercial Agreements for the First 10 Years
100% of Planned Production Under Commercial Agreements for the First 10 Years 1, 2 Niobium Scandium Titanium Rare Earths 2 2 2, 3 2 2 50% of NioCorp’s planned 25% of NioCorp’s planned Up to 12 tonnes per year of NioCorp’s 100% of planned Titanium 100% of planned Rare Earth Ferroniobium production fo
Slide 8: Construction of the Elk Creek Mine Portal
Construction of the Elk Creek Mine Portal • Establishes primary underground mine entrances • Highest-Grade Provides access forNiobium the planned Railveyor material handling system • Development in the U.S. Scope includes excavation, twin ramp development, and supporting infrastructure, with an esti
Slide 9: Growing Tailwinds as National and State Leadership Underscore Elk Creek's Importance
Growing Tailwinds as National and State Leadership Underscore Elk Creek’s Importance Senior U.S. elected officials and leaders shared their remarks during NioCorp’s largest-ever Town Hall, attended by more than 600 community members, business leaders and investors in Dec. 2025. “The Jovanovic John E
Slide 10: Appendices
APPENDICES NioCorp = NASDAQ: NB | 10 Cita! Mineral Sesrity
Slide 11: Compelling Margins & Very Strong Economics
Compelling Margins & Very Strong Economics $4.1B 24.0% LIFE-OF-MINE (LoM) MARGIN LIFE-OF-MINE (LoM) MARGIN Pre-Tax NPV8%3 Pre-Tax IRR3 $560 per ton $37.4B LoM Gross Revenue $608M Avg. Annual EBITDA1 over LoM2 $519M $1.85B Avg. Annual Total Upfront Op. Cash Flow CAPEX4 over LoM2 $815 gross revenue/to
Slide 12: How We Stand Out from the Rest
How We Stand Out from the Rest One of America’s most advanced and de-risked critical minerals development projects. Strong State/Local 8 Critical Proven Mineral Reserve Support Minerals Metallurgy Established Near-ubiquitous support Nb, Sc, Ti, NdPr, Dy, Tb, Demonstration plant First-ever Proven in
Slide 13: A Bifurcated Critical Minerals Market & Pricing Structure
A Bifurcated Critical Minerals Market & Pricing Structure DEMAND Rising Across High-Growth Sectors SUPPLY Constrained Outside China China controls most global scandium and heavy-REE output. Export controls limit supply reaching Western customers which has resulted in a significant bifurcation of pri
Slide 14: Project Advancements Underway in 2025/26
Project Advancements Underway in 2025/26 With NioCorp’s fundraising success in 2025, the Elk Creek Project is being rapidly advanced to prepare for the start of construction once project financing is obtained. Completed Completed Completed Completed Land Purchases Mineral Reserve Uplift Drilling Geo
Slide 15: Pentagon Partnership and Funding
Pentagon Partnership and Funding Pentagon Title III program awards up to $10M to NioCorp’s operating unit Elk Creek Development Corp. Planned Objectives with DoW Funding Uplift Current Process Engineering For Scandium Metal New Scandium-Based Mineral Reserves Additional Products Demonstration Defens
Slide 16: Lockheed SkunkWorks / NioCorp Partnership Advances Scandium Defense Applications
Lockheed SkunkWorks® / NioCorp Partnership Advances Scandium Defense Applications Pentagon funding also helping NioCorp and Lockheed harness the power of scandium • Developing prototype aluminum-scandium alloy components for next-generation fighter aircraft • Technology will reduce weight, increase
Slide 17: Building America's First-Ever Integrated Scandium-to-Warfighter Supply Chain
Building America’s First-Ever Integrated Scandium-to-Warfighter Supply Chain NioCorp now positioned to operate a vertically integrated domestic scandium mine-to-markets supply chain Possible Downstream Integration NioCorp is examining the feasibility of integrating down to the production of final al
Slide 18: Additional Export Credit Agency Interest
Additional Export Credit Agency Interest UK Export Finance (UKEF) German Untied Loan Program (UFK) • UKEF issued an Expression of Interest to NioCorp for • NioCorp deemed eligible to receive loan guarantee potential debt guarantee of up to $200M.1 from the German government’s UFK agency for approxim
Slide 19: Management Team
Management Team A management team with decades of combined experience in mineral production. Mark A. Smith, P.E. Scott Honan, MSc, SME- Neal Shah, BSME, MBA Jim Sims Ernest Cleave RM Executive Chairman, President & Chief Operating Officer, NioCorp Chief Financial Officer & Corporate Senior Vice Pres
Slide 20: Disclaimers & Technical Disclosures
Disclaimers & Technical Disclosures Non-GAAP Financial Measures information included in this Presentation. The inclusion of such assurance that any Mineral Resource or Mineral Reserve estimates prospective financial information herein should not be regarded as a prepared in accordance with NI 43-101
Slide 21: Contact
Contact Alex Guthrie Director of Investor Relations aguthrie@niocorp.com +1 (647) 999-0527 Jim Sims Chief Communications Officer jim.sims@niocorp.com +1 (720) 334-7066 World with solid fill LinkedIn App White Icon SVG Vector PNG Free Download | UXWing
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