NioCorp acquires FEA Materials' scandium alloy assets for $8.4M

NioCorp Developments Ltd. completed the purchase of manufacturing assets and intellectual property of Massachusetts-based FEA Materials LLC for $8.4 million in cash. The acquisition is expected to enable NioCorp to produce aluminum-scandium master alloy in the U.S. as market demand grows, supporting a vertically integrated domestic scandium supply chain from its Elk Creek Critical Minerals Project in Nebraska.

“NioCorp has completed the purchase of the manufacturing assets and intellectual property of Massachusetts-based FEA Materials LLC, which is expected to enable NioCorp to produce aluminum-scandium master alloy in the U.S. as market demand grows.”niocorp.com

• 1 source
• niocorp.comNioCorp Acquires Scandium Alloy Assets to Support Potential First-Ever Vertically Integrated U.S. Scandium Mine-to-Markets Supply Chain – NioCorp Developments Ltd.Dec 4, 2025

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