US awards NioCorp unit $10 million to build scandium supply chain in Nebraska
Aug 5, 2025, 9:13 AM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting
Investments in domestic mineral supply chains may improve market stability and opportunities for NB, recalling how similar shifts benefited lithium and cobalt stocks during previous funding events.
AI summary
What happened, with direct paths to the underlying reporting
U.S. DoD awarded $10 million to Elk Creek Resources for scandium supply chain. This funding aims to reduce reliance on China for critical minerals.
U.S. DoD awarded $10 million to Elk Creek Resources for scandium supply chain.
This funding aims to reduce reliance on China for critical minerals.
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