-+ 0.00%
-+ 0.00%
-+ 0.00%

NioCorp signs MOU with Lockheed Martin for up to 15 tonnes/year scandium oxide supply over 10 years

PUBT·08/04/2026 20:00:40
Listen to the news
NioCorp signs MOU with Lockheed Martin for up to 15 tonnes/year scandium oxide supply over 10 years
  • NioCorp signed a non-binding MOU with Lockheed Martin on a potential 10-year supply of up to 15 tonnes/year of scandium oxide.
  • Supply could be delivered as scandium oxide or aluminum-scandium alloys, pending negotiation of a definitive agreement.
  • Deal builds on a Skunk Works joint development program for scandium-based aluminum components for modern fighter aircraft.
  • Program is backed by a $10 million U.S. Department of War Title III Defense Production Act award to NioCorp unit Elk Creek Resources.
  • Elk Creek project targets about 100 tonnes/year of scandium oxide once financing closes and construction is completed.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. NioCorp Developments Ltd. published the original content used to generate this news brief via ACCESS Newswire (Ref. ID: 202608041600ACCESSWRNAPR_____1198584) on August 04, 2026, and is solely responsible for the information contained therein.