NioCorp Reports Preliminary Financial Results for December 2025

NioCorp Developments Ltd. has released preliminary financial results for the three and six-month periods ending December 31, 2025. The company reports a record cash balance of $307 million as of this date, attributed to significant derisking of the Elk Creek Critical Minerals Project.

Over the last six months, the U.S. Department of Defense awarded up to $10 million to Elk Creek Resources Corp. to support project activities. NioCorp finalized its infill drilling campaign, acquired scandium alloy manufacturing assets, secured necessary land, and signed agreements with the Department of Defense and Lockheed Martin for potential defense applications.

For the three months ending December 31, 2025, NioCorp recorded a net loss of $0.8 million, an increase from the previous year's $0.5 million. For the six-month period, the net loss surged to $43.4 million from $2.5 million the prior year. The losses largely reflect non-cash gains and losses linked to share and warrant liabilities.