---
schema_version: "secwatch.filing_event.v1"
accession: "0001539497-25-003151"
form_type: "8-K"
ticker: "NB"
cik: "0001512228"
company_name: "NIOCORP DEVELOPMENTS LTD"
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:37:17.896758+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NioCorp acquires FEA Materials' scandium alloy assets and IP for $8.4M cash

## Summary
- 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.

## SEC filing metadata
- accession: 0001539497-25-003151
- form_type: 8-K
- ticker: NB
- cik: 0001512228
- company_name: NIOCORP DEVELOPMENTS LTD
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1512228/000153949725003151/0001539497-25-003151-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1512228/000153949725003151/n2574_x301-8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001539497-25-003151
- JSON: https://secwatch.observer/filing/0001539497-25-003151.json
- Plain text: https://secwatch.observer/filing/0001539497-25-003151.txt

## Source-grounded claims
- claim_id: 47505c15d024931a9844266d3707e8cff8b602d0
  claim: NIOCORP DEVELOPMENTS LTD completed an acquisition involving FEA Materials LLC for $8.4 million (closed 2025-12-04).
  evidence_excerpt: Pursuant to the Purchase Agreement, on December 4, 2025, the Buyer acquired substantially all the assets, except for certain excluded assets, and assumed certain specified liabilities, of FEA, for an aggregate purchase price of $8.4 million, subject to adjustments for certain indemnification obligations that may arise, if any.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1512228/000153949725003151/0001539497-25-003151-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.