NioCorp, Lockheed partner on Pentagon‑funded scandium alloy work

Core Viewpoint - NioCorp Developments has entered into an agreement with Lockheed Martin to support the development of scandium-based technology for the U.S. Department of Defense [1] Company Summary - NioCorp Developments is a rare earths miner that is focusing on the development of scandium-based technology [1] - The partnership with Lockheed Martin indicates a strategic move towards enhancing technological capabilities in defense applications [1] Industry Summary - The collaboration highlights the growing importance of rare earth elements, particularly scandium, in defense technology [1] - This agreement may signal increased investment and interest in rare earths mining and processing within the defense sector [1]