Electrifying the Elk Creek mine in south-west Nebraska could be a game changer for the critical minerals project, promising to not only reduce upfront capital and operational expenses, but also accelerate production timelines, says Nasdaq-listed NioCorp.
A scoping study completed by engineering firm Optimize Group suggests that electrifying the Elk Creek mine through a Railveyor system instead of using the currently planned vertical mining shafts will have economic and environmental benefits.