M&A
confidence high
sentiment positive
materiality 0.75
NIOCORP DEVELOPMENTS LTD (NB): M&A transaction — NioCorp acquires FEA Materials' scandium alloy assets and IP for $8.4M cash
NIOCORP DEVELOPMENTS LTD
- Purchase price $8.4 million all-cash; acquisition closed December 4, 2025.
- FEA produces 2%-4% Al-Sc master alloy via direct oxide-to-alloy process.
- Positions NioCorp for first vertically integrated US scandium supply chain pending Elk Creek financing.
- Exploring downstream production of finished Al-Sc alloy parts for defense/commercial OEMs.
- Pentagon Title III previously awarded up to $10M; Lockheed Martin collaboration on aerospace parts.