Company Performance - Taseko Mines (TGB) has shown a year-to-date performance increase of approximately 108.8%, significantly outperforming the Basic Materials sector, which has returned an average of 27.1% [4] - The Zacks Consensus Estimate for TGB's full-year earnings has increased by 28.6% over the past quarter, indicating a positive trend in analyst sentiment and earnings outlook [3] Industry Context - Taseko Mines is part of the Mining - Miscellaneous industry, which consists of 69 companies and currently ranks 47 in the Zacks Industry Rank. This industry has seen an average gain of 34.6% year-to-date, suggesting that TGB is performing well relative to its peers [6] - Another company in the Basic Materials sector, NioCorp Developments Ltd. (NB), has outperformed the sector with a year-to-date return of 435.5% and also holds a Zacks Rank of 2 (Buy) [4][5] Investment Outlook - Both Taseko Mines and NioCorp Developments Ltd. are expected to continue their strong performance, making them noteworthy options for investors interested in Basic Materials stocks [7]

Core Insights - NioCorp Developments Ltd. has announced assay results from the first completed diamond drill hole at its Elk Creek Project in Southeast Nebraska [1] Company Summary - NioCorp is identified as a leading U.S. critical minerals developer, focusing on the exploration and development of critical minerals [1]

Group 1 - NioCorp will present at the ThinkEquity Conference in New York City on Thursday, October 30 at 10:00 AM ET [1] - The presentation will be broadcast live [1]

Core Points - NioCorp Developments Ltd. has successfully closed its registered direct offering in the United States [1] - The offering was priced at-the-market in accordance with Nasdaq rules [1] Company Summary - NioCorp is listed on Nasdaq under the ticker symbol NB [1] - The company is based in Centennial, Colorado [1]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 8-K CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 12, 2025 NioCorp Developments Ltd. (Exact name of registrant as specified in its charter) British Columbia, Canada (State or other jurisdiction of incorporation) 001-41655 (Commission File Number) 98-1262185 (IRS Employer Identification No.) 7000 South Yosemite Street, Suite 115 Centenn ...

Core Points - NioCorp Developments Ltd. announced a registered direct offering priced at-the-market in the United States [1] Group 1 - The offering is conducted in accordance with the rules of The Nasdaq Stock Market LLC [1]

Company Overview - NioCorp Developments Ltd reported a record cash balance of $162.8 million as of September 30 [1] - The company posted a net loss of $42.7 million, or 53 cents per share, for the three-month period ended September 30, compared to a net loss of $2.1 million, or 5 cents per share, in the same period last year [1] Market Reaction - Shares of NioCorp Developments rose sharply by 13.6% to $11.81 in pre-market trading following the financial results announcement [2]

Core Viewpoint - NioCorp Developments Ltd. reported preliminary unaudited financial results for the three-month period ending September 30, 2025, highlighting a significant increase in net loss compared to the same period in 2024, primarily due to non-cash losses related to earnout shares and warrants [2][3]. Financial Performance - The company had a record cash balance of $162.8 million as of September 30, 2025 [2]. - NioCorp recorded a net loss of $42.7 million, or $0.53 per share, for the three-month period ending September 30, 2025, compared to a net loss of $2.1 million, or $0.05 per share, for the same period in 2024 [2][10]. - On an adjusted basis, the net loss was $8.3 million, or $0.07 per share, compared to an adjusted net loss of $1.4 million, or $0.03 per share, in the prior year [2][10]. Non-Cash Losses - The increase in net loss was primarily due to non-cash losses of approximately $32.1 million related to earnout shares and warrants [3]. - These non-cash losses were influenced by the closing price of the company's common shares as of September 30, 2025, compared to the previous quarter [3]. Expenditures and Project Development - The company incurred $6.8 million in expenditures related to the Elk Creek Project during the quarter [3]. - NioCorp completed the acquisition of approximately 407 acres of land for the Elk Creek Project, which is essential for construction pending project financing [4]. Funding and Equity Offerings - During the quarter, NioCorp completed three equity offerings, generating approximately $155.0 million in gross proceeds [5]. - The offerings included a public offering of 13,850,000 common shares at $3.25 per share, a registered direct offering of 10,000,000 common shares at $5.00 per share, and another public offering of 9,760,000 common shares at $6.15 per share [5]. Future Reporting - The company plans to file its unaudited interim condensed consolidated financial statements for the three-month period ended September 30, 2025, in its Quarterly Report on Form 10-Q by November 14, 2025 [6].

Core Insights - The stock market experienced a significant decline due to renewed trade tensions between the U.S. and China, with the S&P 500 index dropping 2.7% and losing approximately $1.5 trillion in market capitalization [1][2]. Rare Earth Industry - Rare earth equities capitalized on the market downturn, with notable gains in stocks such as MP Materials, which rose about 8.4% to close at $78.34, driven by increased investor interest in domestic critical mineral supply chains and regulatory support [3]. - USA Rare Earth saw a nearly 5% increase, closing at $32.61, as investors recognized its strategic importance in developing a U.S.-based supply chain for rare earth magnets amid trade tensions [5]. - NioCorp Developments advanced over 5% to close at $10.39, benefiting from its focus on the Elk Creek Project, which features North America's highest-grade niobium deposit and significant scandium capacity [7]. Impact of Tariffs - The recent announcement of a 100% tariff on Chinese imports, effective November 1, is a response to China's export restrictions on rare earth elements, which are crucial for high-tech and defense industries [2]. - The U.S. currently relies on China for about 70% of its rare earth imports, a situation viewed as a national security risk due to the essential role of rare earths in electric vehicles, wind turbines, smartphones, and defense equipment [8]. - Analysts suggest that while the new tariffs may disrupt U.S. manufacturers dependent on Chinese rare earth materials, they could also benefit domestic producers by accelerating government incentives and private investments aimed at reducing foreign dependence [9].

Core Insights - The U.S. government is taking steps to reduce dependence on China's critical mineral supply, particularly in technology, defense, and energy sectors [1] Group 1: U.S. Independence from China - There has been increasing discussion regarding the U.S. achieving independence from China's critical mineral supply [1] - The government recognizes the risks associated with dependency on hostile nations for essential resources [1]