NioCorp Acquires FEA Materials to Build US Scandium Supply Chain
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’s Elk Creek critical […]