Niocorp Developments Ltd. · NASDAQ:NB
Niocorp Developments — International Scandium Symposium 2022
24 slides from Niocorp Developments's conference presentation, Oct 20, 2022
Slide 1: NioCorp: Critical minerals for U.S. supply chain security
NioCorp: Critical minerals for U.S. supply chain security OUR MISSION: To accelerate the transition to a lower carbon economy by serving as a reliable U.S. supplier of sustainably produced critical minerals. International Scandium Symposium October 20, 2022
Slide 2: Disclaimers & Technical Disclosures
Disclaimers & Technical Disclosures Legal Disclaimers This investor presentation (this “Presentation”) is dated as of October 7, 2022 and contains information of NioCorp Developments Ltd. (“NioCorp” or the “Company”) (TSX: NB; OTCQX: NIOBF) and GX Acquisition Corp II (“GXII”) (Nasdaq: GXII). This Pr
Slide 3: Disclaimers & Technical Disclosures
Disclaimers & Technical Disclosures No Offer or Solicitation This Presentation and the information contained herein do not constitute (i) (a) a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed Transaction or (b) an offer to sell or the so
Slide 4: Disclaimers & Technical Disclosures
Disclaimers & Technical Disclosures Financial Information; Non-GAAP Measures Certain financial information and data included in this Presentation is unaudited and may not conform to Regulation S-X. Such information and data may not be included in, may be adjusted in or may be presented differently i
Slide 5: Transaction Overview
Transaction Overview NioCorp Team Overview Mark A. Smith, P.E. ◉ Deal represents an Enterprise Value of $313.5 million, reflecting an 89% discount to the Net Present Value (NPV) Executive Chairman, President & CEO in the Elk Creek Project 2022 Feasibility Study. Scott Honan, MSc, SME-RM ◉ Business c
Slide 6: Value Proposition: Transition to Net Zero Emissions Driving Demand Growth
Value Proposition: Transition to Net Zero Emissions is Driving Demand Growth for the Critical Minerals at the Focus of NioCorp1 Shovel-ready1 pure-play critical minerals project with the highest-grade Niobium resource in North America and the Niobium 2nd largest indicated rare earth resource in the
Slide 7: Climate-Smart Scandium Production in Nebraska
Climate-Smart Scandium Production in Nebraska Scandium Oxide Produced from Elk Creek Ore ◉ Co-produced with Niobium ◉ 99.9% purity ◉ ~104 tonnes/year over 38- year mine life 7
Slide 8: Scandium: Limited Supply But Very Large Latent Demand
SCANDIUM: Limited Supply But Very Large Latent Demand Scandium Global Scandium Demand Drivers ◉ Forecast demand (117 tpy by 2026) greatly exceeds current supply (25 tonnes/year)1 and exceeds NioCorp’s potential annual scandium production. § Solid oxide fuel cell use of Scandium (⋍22 tpy) forecast to
Slide 9: Scandium: Key to Light-Weighting Electric Vehicles
Scandium: Key to Light-Weighting Electric Vehicles Average Vehicle Aluminum Use 20201 Battery enclosure type by BEV vehicle range1 42% 292kg 600 Steel Aluminum 206kg Mix CFRP 500 Increasing use of Aluminum Platform 89 400 203 Range (km) 300 Components 145 200 62 100 Non BEV BEV 0 Peug e208 BYD e6 Vo
Slide 10: Climate-Smart Mineral Production
CLIMATE-SMART MINERAL PRODUCTION 10
Slide 11: Expected Mining Operations Designed with Sustainability in Mind
NioCorp’s Expected Mining Operations Designed from the Start with Sustainability in Mind ◉ Fully aligned with Equator Principles ◉ Zero process water discharge facility ◉ Additional protection of groundwater resources through artificial ground freezing and grouting ◉ Avoidance of permanent impacts t
Slide 12: Key Permits Obtained
Key Permits Obtained The Elk Creek Project has secured key federal, state, and local permits required to proceed to the start of construction once project financing is obtained. ◉ Construction Air Permit secured from the State of Nebraska. ◉ A Special Use Permit secured from Johnson County, Nebraska
Slide 13: Strong State & Local Support
Strong State & Local Support The Elk Creek Project is located exclusively on Estimated Economic Benefits and New Tax Revenue 1 private land with extensive nearby infrastructure Generated by the Elk Creek Project 4 (roads, rail, water, and utilities). Direct Full-Time, Permanent Jobs Created ~450 The
Slide 14: Elk Creek's Expected Output Can Create Significant 5.7-to-1 GHG Reductions
Elk Creek’s Expected Output Can Create Significant 5.7-to-1 GHG Reductions1 Use of NioCorp’s planned products in applications such as electric vehicles and commercial aviation could help avoid greenhouse gas emissions because of the higher efficiency these technologies can achieve with critical mine
Slide 15: Questions?
QUESTIONS? 15
Slide 16: Appendix
APPENDIX 16
Slide 17: Elk Creek NI 43-101 Mineral Resource
Elk Creek NI 43-101 Mineral Resource1 (MINERAL RESOURCE AS OF DECEMBER 8, 2021) Notes: a. The reporting standard for the Mineral Resource Estimate uses the terminology, definitions Elk Creek 2022 In Situ Mineral Resource Estimate (niobium, titanium, and scandium) including reserves and guidelines gi
Slide 18: Elk Creek NI 43-101 REE Mineral Resource
Elk Creek NI 43-101 REE Mineral Resource1 (MINERAL RESOURCE AS OF DECEMBER 8, 2021) Notes: Elk Creek 2022 In Situ Mineral Resource Estimate (rare earth oxides) including reserves a. The reporting standard for the Mineral Resource Estimate uses the terminology, definitions and guidelines given in the
Slide 19: Elk Creek S-K 1300 Mineral Resource
Elk Creek S-K 1300 Mineral Resource1 (MINERAL RESOURCE AS OF June 30, 2022) Notes: Elk Creek 2022 In Situ Mineral Resource Estimate (niobium, titanium, and scandium) excluding reserves a. Classification of Mineral Resources in the above tables is in accordance with the S-K 1300 classification system
Slide 20: Elk Creek S-K 1300 REE Mineral Resource
Elk Creek S-K 1300 REE Mineral Resource1 (MINERAL RESOURCE AS OF JUNE 30, 2022) Elk Creek 2022 In Situ Mineral Resource Estimate (rare earth oxides) excluding reserves Notes: a. Classification of Mineral Resources in the above tables is in accordance with the S-K 1300 classification Class NSR Cut-of
Slide 21: Elk Creek S-K 1300 Mineral Reserve
Elk Creek S-K 1300 Mineral Reserve1 (not including REE production) (MINERAL RESERVE AS OF May 10, 2022) Parameter Value Unit Underground In Situ Mineral Reserves Estimate for Elk Creek Mining Cost 42.38 US$/t mined Nb2O5 TiO2 Processing 106.70 US$/t mined Tonnage Contained Payable Nb Contained Payab
Slide 22: Elk Creek S-K 1300 Mineral Reserve
Elk Creek S-K 1300 Mineral Reserve1 (not including REE production) (MINERAL RESERVE AS OF June 30, 2022) Parameter Value Unit Underground In Situ Mineral Reserves Estimate for Elk Creek Mining Cost 42.38 US$/t mined Processing 106.70 US$/t mined Nb2O5 Payable TiO2 Sc Tonnage Contained Contained Paya
Slide 23: Feasibility Study: Indicated Economic Results
Feasibility Study: Indicated Economic Results1 Operating Year 1 2 3 4 5 6 7 8 9 10 20 30 Production Niobium t-Nb 4,960 4,742 4,949 4,903 4,949 4,716 4,715 4,733 4,799 4,672 4,772 4,773 Scandium kg-Sc2O3 116 114 113 109 112 109 105 102 101 101 102 107 Titanium t-TiO2 13,063 12,120 12,747 12,605 12,60
Slide 24: Contact
For More Information NioCorp Jim Sims Chief Communications Officer jim.sims@niocorp.com +1 (303) 503-6203 CONTACT 24
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