{"id":5092,"date":"2025-12-06T13:40:04","date_gmt":"2025-12-06T13:40:04","guid":{"rendered":"https:\/\/thetradingdictionary.com\/index.php\/2025\/12\/06\/niocorp-acquires-fea-materials-to-build-us-scandium-supply-chain\/"},"modified":"2025-12-06T13:40:04","modified_gmt":"2025-12-06T13:40:04","slug":"niocorp-acquires-fea-materials-to-build-us-scandium-supply-chain","status":"publish","type":"post","link":"https:\/\/thetradingdictionary.com\/index.php\/2025\/12\/06\/niocorp-acquires-fea-materials-to-build-us-scandium-supply-chain\/","title":{"rendered":"NioCorp Acquires FEA Materials to Build US Scandium Supply Chain"},"content":{"rendered":"<\/p>\n<p><strong>NioCorp Developments (NASDAQ:NB) has completed the US$8.4 million acquisition of the manufacturing assets and intellectual property of Massachusetts-based FEA Materials.  <\/strong><\/p>\n<p>NioCorp expects the move to position it as a domestic producer of aluminum-scandium (Al-Sc) master alloy amid growing demand for the material in defense and commercial markets. <\/p>\n<p>The all-cash purchase complements NioCorp&#8217;s Elk Creek critical minerals project in Nebraska, where it aims to produce scandium oxide alongside niobium, titanium and potentially rare earths once fully financed and operational.<\/p>\n<p>FEA\u2019s proprietary process converts scandium oxide directly into Al-Sc master alloy, bypassing intermediate metal production. NioCorp is also assessing the feasibility of producing finished Al-Sc alloy parts via casting, forging and machining for original equipment manufacturers in the US.<\/p>\n<\/p>\n<p>\u201cThis strategic acquisition positions NioCorp to potentially build America\u2019s first vertically integrated scandium supply chain from mine to finished alloy parts,\u201d NioCorp CEO Mark A. Smith said in a press release.<\/p>\n<p>Eugene Prahin, CEO of FEA, praised NioCorp&#8217;s vertically integrated approach, adding that the company&#8217;s alloying technology \u201cwill be key to growing scandium-based structural alloys in the years to come.\u201d<\/p>\n<p>The FEA acquisition follows a US$10 million Pentagon Title III award to NioCorp\u2019s subsidiary Elk Creek Resources. Announced in August, it is geared at supporting scandium oxide production. <\/p>\n<p>NioCorp is also collaborating with Lockheed Martin (NYSE:LMT) on aerospace-grade Al-Sc components.<\/p>\n<p>\u201cWorking jointly with the Pentagon, NioCorp is committed to insulating the US from market manipulation by China, which has historically constrained scandium-based technologies,&#8217; said Smith. <\/p>\n<p>With the latest acquisition and the government funding, NioCorp envision building a complete US mine-to-market supply chain for scandium, spanning extraction, alloy production and finished parts manufacturing.<\/p>\n<p><strong>Securities Disclosure: I, Georgia Williams, hold no direct investment interest in any company mentioned in this article.<\/strong><\/p>\n<\/p>\n<div>This post appeared first on investingnews.com<\/div>\n<p><\/p>\n","protected":false},"excerpt":{"rendered":"<p>NioCorp Developments (NASDAQ:NB) has completed the US$8.4 million acquisition of the manufacturing assets and intellectual property of Massachusetts-based FEA Materials. NioCorp expects the move to position it as a domestic producer of aluminum-scandium (Al-Sc) master alloy amid growing demand for the material in defense and commercial markets. The all-cash purchase complements NioCorp&#8217;s Elk Creek critical&hellip;<\/p>\n","protected":false},"author":1,"featured_media":5093,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[3],"tags":[],"class_list":["post-5092","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/5092","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/comments?post=5092"}],"version-history":[{"count":0,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/posts\/5092\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media\/5093"}],"wp:attachment":[{"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/media?parent=5092"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/categories?post=5092"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thetradingdictionary.com\/index.php\/wp-json\/wp\/v2\/tags?post=5092"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}