# 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.

- Type: Acquisition
- Announced: 2025-12-04
- Where: Massachusetts, United States
- Value: $8.40M
- Status: completed
- Products: aluminum-scandium master alloy
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [NioCorp Developments](https://endata.com/companies/16065.md) (acquirer)
- [FEA Materials](https://endata.com/companies/88904.md) (target)

## Sources

- [niocorp.com](https://www.niocorp.com/niocorp-acquires-scandium-alloy-assets-to-support-potential-first-ever-vertically-integrated-u-s-scandium-mine-to-markets-supply-chain/), 2025-12-04: "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."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.