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. The Elk Creek project is expected to produce eight products, all designated by the US Government as critical minerals: ferroniobium scandium trioxide, titanium tetrachloride, and several rare earth oxide products, including neodymium-praseodymium oxide, dysprosium oxide and terbium oxide, samarium-europium-gadolinium carbonate, and heavy rare earth carbonate. “Few critical minerals projects in the U.S.