NioCorp Developments Ltd. (TSX: NB; OTCQX: NIOBF) recently announced that is has signed a non-binding letter of intent with a large, integrated U.S.-based steel producer outlining the steel producer’s interest in purchasing up to 25% of NioCorp’s production of ferroniobium over the first 10 years of production from the Company’s Elk Creek Superalloy Materials Project in southeast Nebraska.
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