• Connect with us
    • Information
      • About Us
      • Contact Us
      • Careers
      • Partnerships
      • Advertise With Us
      • Authors
      • Browse Topics
      • Events
      • Disclaimer
      • Privacy Policy
    • Australia
      North America
      World
    Login

    Investing News NetworkYour trusted source for investing success

    • North America
      Australia
      World
    • My INN
    Videos
    Companies
    Press Releases
    Private Placements
    SUBSCRIBE
    • Reports & Guides
      • Market Outlook Reports
      • Investing Guides
    • Button
    Resource
    • Precious Metals
    • Battery Metals
    • Base Metals
    • Energy
    • Critical Metals
    Tech
    Life Science
    Critical Metals Market
    Critical Metals News
    Critical Metals Stocks
    • Critical Metals Market
    • Critical Metals News
    • Critical Metals Stocks
    scandium investing

    NioCorp Produces Master Alloy

    Georgia Williams
    Aug. 08, 2019 07:06AM PST
    Critical Metals

    NioCorp Developments reports the successful production of an aluminum-scandium (AlSc) master alloy using a new metallurgical process.

    NioCorp Developments (TSX:NB,OTCQX:NIOBF) reports the successful production of an aluminum-scandium (AlSc) master alloy using a metallurgical process. The production of the alloy evidences that there is a commercial pathway to potential production of the master alloy.

    As quoted from the press release:

    The AlSc master alloy was produced at Ames Laboratory’s Materials Preparation Center, located in Ames, Iowa, under the supervision of NioCorp engineers and employing an improved production methodology specified by Tactical Alloys, a firm with over 20 years of experience in the AlSc alloy space. Ames Laboratory is a U.S. Department of Energy national laboratory recognized as a world leader in the research and development of rare earth and rare metal materials, such as scandium. NioCorp commercially purchased the scandium used to create the master alloy at Ames Laboratory’s Materials Preparation Center.

    AlSc master alloys are used to introduce scandium into final casting-type and wrought-type aluminum-based alloy melts. Even a small amount of scandium can provide multiple benefits to aluminum alloys, including grain refinement during casting and solidification; improved weldability for minimizing weld cracks and failures; and increased yield and tensile strength of the alloy, which in turn can reduce the mass (weight) of platforms such as aerospace systems, cars, trucks, and buses, thus increasing fuel economy and reducing air emissions.

    The recent alloy production was the second such AlSc master alloy production test run performed by NioCorp and researchers at Ames Laboratory’s Materials Preparation Center. NioCorp is currently developing its proposed Elk Creek Superalloy Materials Facility in southeast Nebraska, which is expected to produce approximately 95 tonnes of Scandium Trioxide annually once it is constructed and enters commercial operation, according to the Company’s April 2019 Elk Creek Project Feasibility Study. Current global production and consumption of scandium are estimated by the U.S. Geological Service (“USGS”) to be approximately 10-15 tonnes per year, most of which is believed to be produced in China.

    Click here to read the full announcement

    tsx:nbotcqx:niobfscandium investingniocorp developmentsmaster alloy
    The Conversation (0)
    Go Deeper
    AI Powered
    Critical Metals Outlook: World Edition

    Critical Metals Outlook: World Edition

    Nasdaq building with logo and screens in Times Square.

    Almonty Shares Rise on Nasdaq Debut Amid US Push to Secure Tungsten Supply

    Latest News

    HyProMag USA Enters Into Agreement with Global Electronics Recycler, Intelligent Lifecycle Solutions, for Feedstock Supply and Pre-Processing Site Share in South Carolina and Nevada

    Advances Halleck Creek Demonstration Plant-$15 placement

    NevGold Announces Up to 92% Antimony Recovery From Positive Metallurgical Testwork Program at Oxide Gold-Antimony Limo Butte Project in Nevada

    Trading Halt

    Resignation of Managing Director/CEO

    More News

    Outlook Reports

    Resource
    • Precious Metals
      • Gold
      • Silver
    • Battery Metals
      • Lithium
      • Cobalt
      • Graphite
    • Energy
      • Uranium
      • Oil and Gas
    • Base Metals
      • Copper
      • Nickel
      • Zinc
    • Critical Metals
      • Rare Earths
    • Industrial Metals
    • Agriculture
    Tech
      • Artificial Intelligence
      • Cybersecurity
      • Gaming
      • Cleantech
      • Emerging Tech
    Life Science
      • Biotech
      • Cannabis
      • Psychedelics
      • Pharmaceuticals

    Featured Critical Metals Stocks

    NioCorp Developments Ltd.

     
    NB:CA
    More featured stocks

    Browse Companies

    Resource
    • Precious Metals
    • Battery Metals
    • Energy
    • Base Metals
    • Critical Metals
    Tech
    Life Science
    MARKETS
    COMMODITIES
    CURRENCIES
    ×