Department of Defense Awards $10 Million to Develop a Domestic Mine-to-Master Alloy Scandium Supply Chain

URLhttps://www.defense.gov/News/Releases/Release/Arti
SourceDepartment of Defense
Date Published08/05/2025

Additional Reshoring Information:

Company/Division name Elk Creek Resources Corporation
Parent companyNioCorp Developments Ltd
Type of work Manufacturing
Reshoring category:Reshoring
Year reshoring announced:2025
Capital investment ($):10
City reshored to:Elk Creek
State(s) reshored to:NE
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredscandium alloys
What non-domestic negative factors made offshoring less attractive?Supply chain interruption
What domestic positive factors made reshoring more attractive?Geopolitical Risk, Government Incentives, Govt. Policy and subsidies, Proximity to customers/market, Raw Materials Cost
Government Incentive dollar amount:10,000,000
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