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NioCorp Resources shares are trading higher following reports suggesting that Lockheed Martin is in talks with the company to buy its supply of scandium.
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Shares of rare earth element-related companies are trading lower after reports suggesting that Chinese shipments of yttrium to the U.S. in July were the second highest since export curbs went into place in April 2025. More Chinese exports to the U.S. ahead of a September U.S.-China meeting may presage a trade reprieve that lowers the need for heightened domestic U.S. production and processing.
Shares of rare earth element-related companies are trading higher. Industry strength may be related to sympathy with MP Materials after the company reported Q2 financial results.
NioCorp Developments Inks 10-Year MoU With Lockheed Martin To Provide 15 Tonnes Of Scandium Oxide Annually
NioCorp Developments Ltd. ("NioCorp" or the "Company") (NASDAQ:NB), a leading U.S. critical minerals developer, announced the signing of a non-binding Memorandum of Understanding ("MOU") with