NioCorp Subsidiary Signs 15 — Year Supply Deal With Traxys for Elk Creek Products

NioCorp Developments' majority-owned subsidiary Elk Creek Resources signed an offtake agreement with Traxys North America on October 13, 2026. Traxys will purchase 50% of Elk Creek's annual ferroniobium output on a take-or-pay basis, or elect 3,700 metric tonnes annually. The agreement gives Traxys exclusive marketing rights to 100% of other project products, including scandium, titanium and rare earth products. The deal replaces prior ferroniobium and scandium agreements, with a 15-year term starting at commercial production. Either party may terminate if financing approval or financial close misses December 31, 2027, subject to a conditional six-month extension. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission