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NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work

Rare earths miner NioCorp Developments said on Thursday it has signed an agreement with U.S. defense contractor Lockheed Martin to support development of scandium-based technology under a Pentagon‑funded program.

The program aims to produce prototype aluminum‑scandium alloy components intended to expand the capabilities of modern fighter aircraft, NioCorp said. The company did not provide further details.
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Scandium, often grouped with rare earths… [473 chars]

Source: Reuters | Published: 2025-10-23T17:03:36Z

Credit: Reuters

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