Elk Creek project site in Nebraska. Credit: NioCorpNioCorp Developments (NASDAQ:NB) released on Tuesday the results of an updated feasibility study for its Elk Creek critical minerals project in southeastern Nebraska. Over the projected mine life, the Elk Creek project is projected to generate approximately $37.4 billion in life-of-mine revenue, $608 million in average annual EBITDA2, and $519 million in average annual operating cash flow. This expanded product suite positions the Elk Creek Project to serve multiple US critical-mineral and defense supply chains from an integrated mine and processing facility that has secured its major construction-related permits, NioCorp said. “Our 2026 feasibility study transforms the Elk Creek project into the kind of critical minerals project the United States needs to have online as soon as possible,” NioCorp CEO Mark A. Smith said in a news release.