NioCorp Acquires Scandium Alloy Assets to Support Potential First-Ever Vertically Integrated U.S. Scandium Mine-to-Markets Supply Chain

NioCorp has completed a strategic acquisition of the manufacturing assets and intellectual property of FEA Materials LLC, a Massachusetts-based company specializing in scandium alloy production. This transaction represents a significant step toward establishing what the company positions as potentially the first vertically integrated scandium supply chain in the United States, spanning from mining operations through to end-market delivery.

The acquisition enables NioCorp to produce aluminum-scandium master alloy domestically, addressing growing market demand for this specialized material. Scandium is a critical rare earth element with applications in aerospace, defense, and advanced manufacturing, where aluminum-scandium alloys offer superior strength-to-weight ratios compared to conventional aluminum alloys. The vertical integration strategy positions NioCorp to capture value across multiple stages of the scandium supply chain.

This move aligns with broader U.S. strategic initiatives to develop domestic critical minerals supply chains and reduce dependence on foreign sources for materials essential to national security and economic competitiveness. The acquisition of proven manufacturing capabilities and intellectual property provides NioCorp with immediate technical expertise and operational capacity, potentially accelerating time-to-market for its scandium products.

The transaction underscores the growing recognition of scandium's commercial potential and the strategic importance of establishing reliable domestic supply chains for critical materials. As demand for lightweight, high-performance materials continues to grow across aerospace and other advanced industries, NioCorp's integrated approach could position it as a key player in the North American scandium market.