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Niobium mine planned for rural Nebraska to open in late 2029

Summarised from 2 outlets · Updated 15 Oct, 05:32 · Archive

A niobium mining project is planned to open in Johnson County, Nebraska in late 2029, with projections of $341 million in personal property taxes over 40 years.

Top energy and economic officials from Nebraska and across the country gathered in Elk Creek on Wednesday to mark progress on a niobium mining project. The mine is planned to open in late 2029.

Johnson County Commissioner David Borrenpohl said the project could be transformative for the rural southeast Nebraska county, bringing new revenue and jobs. He projected the mine would generate $341 million in personal property taxes over its 40-year lifespan. 'This could be a huge revenue source,' Borrenpohl said, adding that county officials hope the revenue will offset tax burdens on residents.

Local officials identified significant challenges ahead. Borrenpohl said the county will need to build enough housing for workers who relocate to the area. He also noted that the county school, nearly 100 years old, requires replacement. A $35 million school bond issue is up for voter approval in the November election, with county officials hoping future mine revenue will ease the financial strain.

Niobium mine planned for rural Nebraska to open in late 2029
Image: WOWT

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In this story: Johnson County · Elk Creek · Nebraska · David Borrenpohl

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