NioCorp Developments Ltd.
Critical-minerals mining company developing the Elk Creek niobium-scandium-titanium project in Nebraska; supplies scandium products to U.S. defense and aerospace customers.
NioCorp Developments Ltd. is a critical-minerals mining company headquartered in Centennial, Colorado, publicly traded on NASDAQ under the ticker NB. Its flagship asset is the Elk Creek Critical Minerals Project in southeast Nebraska, which the company is developing to produce niobium, scandium, and titanium, with potential rare-earth-element byproducts. NioCorp already produces a 4%-scandium aluminum master alloy using market-sourced scandium oxide, and plans roughly 100 metric tons per year of scandium oxide from Elk Creek once the project is financed and built, expanding into finished alloy ingots (0.2%-0.8% scandium content) for commercial and defense markets. The company has an existing Pentagon-backed joint development program with Lockheed Martin's Skunk Works (announced October 2025, supported by a $10M Defense Production Act Title III award) to develop scandium-aluminum alloys for fighter aircraft components. In August 2026 the two signed a non-binding memorandum of understanding for Lockheed to purchase up to 15 metric tons per year of scandium oxide or aluminum-scandium alloy from NioCorp over a 10-year period, part of Lockheed's broader push to secure domestic critical-mineral supplies (scandium, germanium) amid Trump-administration supply-chain policy; the MOU is non-binding, pending a definitive commercial agreement.
Overview
- Headquarters
- Centennial, CO
- Founded
- 0
- Employees
- Undisclosed
- Total funding
- Stage
- Public (NASDAQ: NB)
- Status
- active
- Domains
- Critical minerals mining, Scandium/niobium/titanium production
- Website
- niocorp.com
Founders0
No linked records yet.
Investors0
No linked records yet.
Cap table0
Approximate ownership by holder. Indexed holders link to their records.
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Programs0
No linked records yet.
Frequently asked
- What does NioCorp Developments Ltd. do?
- NioCorp Developments Ltd. is a critical-minerals mining company headquartered in Centennial, Colorado, publicly traded on NASDAQ under the ticker NB. Its flagship asset is the Elk Creek Critical Minerals Project in southeast Nebraska, which the company is developing to produce niobium, scandium, and titanium, with potential rare-earth-element byproducts. NioCorp already produces a 4%-scandium aluminum master alloy using market-sourced scandium oxide, and plans roughly 100 metric tons per year of scandium oxide from Elk Creek once the project is financed and built, expanding into finished alloy ingots (0.2%-0.8% scandium content) for commercial and defense markets. The company has an existing Pentagon-backed joint development program with Lockheed Martin's Skunk Works (announced October 2025, supported by a $10M Defense Production Act Title III award) to develop scandium-aluminum alloys for fighter aircraft components. In August 2026 the two signed a non-binding memorandum of understanding for Lockheed to purchase up to 15 metric tons per year of scandium oxide or aluminum-scandium alloy from NioCorp over a 10-year period, part of Lockheed's broader push to secure domestic critical-mineral supplies (scandium, germanium) amid Trump-administration supply-chain policy; the MOU is non-binding, pending a definitive commercial agreement.
- Where is NioCorp Developments Ltd. headquartered?
- NioCorp Developments Ltd. is headquartered in Centennial, CO.
- What does NioCorp Developments Ltd. specialize in?
- NioCorp Developments Ltd. works across Critical minerals mining, Scandium/niobium/titanium production.
- Does NioCorp Developments Ltd. hold government contracts?
- Defense Tech Atlas links NioCorp Developments Ltd. to 1 government contract.
Sources & citations4
Each claim links to its underlying source. Confidence reflects how directly the source supports the claim.
- 1
NioCorp and Lockheed Martin sign non-binding MOU: Lockheed may purchase up to 15 metric tons/year of scandium oxide or aluminum-scandium alloy products over 10 years; MOU explicitly non-binding, definitive agreement to be negotiated; builds on Oct 2025 Skunk Works joint development program backed by $10M DPA Title III award; NioCorp HQ Centennial, CO (NASDAQ: NB); Elk Creek project in southeast Nebraska; plans ~100 tonnes/year scandium oxide production
NioCorp Developments Ltd. (Official): Lockheed Martin and NioCorp Sign MOUVerified2026-08-04 - 2
Lockheed Martin in talks to buy U.S. mineral supplies after Trump supply-chain push; NioCorp to supply 15 metric tons/year of scandium from its Nebraska mine; Lockheed separately in talks with Teck Resources and 5N Plus for germanium (unconfirmed, exploratory talks, not modeled as a NioCorp fact)
Defense News: Lockheed seeks US mineral supplies after Trump supply chain push, sources sayReported2026-08-04 - 3
NioCorp Developments shares rally 16.4% on scandium supply MOU news with Lockheed Martin
GuruFocus: NioCorp Developments (NB) Shares Rally on Scandium Supply Deal with Lockheed MartinVerified2026-08-04 - 4
Export-Import Bank of the United States issued a non-binding Letter of Interest for up to $800 million in potential debt financing for the Elk Creek Critical Minerals Project; passed EXIM's first due-diligence stage (TRC-1) in October 2023, and as of 2025-02-04 EXIM advanced NioCorp's application to an independent Technical Review (EXIM's second due-diligence stage). Non-binding, pending further review — not a completed award.
NioCorp Developments Ltd. (Official): EXIM Advances NioCorp Elk Creek Critical Minerals Project to Independent Technical ReviewVerified2025-02-04