📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Lockheed seeks U.S. mineral supp

📢 𝗝𝗨𝗦𝗧 𝗜𝗡: Lockheed seeks U.S. mineral supplies after Trump supply-chain push - Reuters - $Niocorp Developments(NB.US) $US Antimony(UAMY.US) $MP Materials(MP.US) $USA Rare Earth(USAR.US) $Critical Metals(CRML.US) $Lithium Americas(LAC.US)

👉 𝗞𝗲𝘆 𝗛𝗶𝗴𝗵𝗹𝗶𝗴𝗵𝘁𝘀:

➤ 𝗟𝗼𝗰𝗸𝗵𝗲𝗲𝗱 𝗠𝗮𝗿𝘁𝗶𝗻 is negotiating U.S. supplies of 𝘀𝗰𝗮𝗻𝗱𝗶𝘂𝗺 and 𝗴𝗲𝗿𝗺𝗮𝗻𝗶𝘂𝗺.

➤ Talks involve 𝗡𝗶𝗼𝗖𝗼𝗿𝗽, 𝗧𝗲𝗰𝗸 𝗥𝗲𝘀𝗼𝘂𝗿𝗰𝗲𝘀, and 𝗙𝗡 𝗣𝗹𝘂𝘀.

➤ Scandium would be sourced from 𝗡𝗶𝗼𝗖𝗼𝗿𝗽'𝘀 Nebraska mine, targeted for 𝟮𝟬𝟮𝟴.

➤ Preliminary agreement covers 𝟭𝟱 𝗺𝗲𝘁𝗿𝗶𝗰 𝘁𝗼𝗻𝘀 of scandium annually.

➤ Contracted volume equals roughly 𝟮𝟱% of estimated global scandium demand.

➤ Lockheed is also negotiating long-term 𝗴𝗲𝗿𝗺𝗮𝗻𝗶𝘂𝗺 supply agreements.

➤ Germanium is used in 𝗶𝗻𝗳𝗿𝗮𝗿𝗲𝗱 𝘀𝗲𝗻𝘀𝗼𝗿𝘀 and advanced military systems.

➤ Discussions follow U.S. efforts to reduce reliance on 𝗖𝗵𝗶𝗻𝗲𝘀𝗲 critical minerals.

➤ Contract pricing and duration remain key issues in ongoing negotiations.

👉 𝗪𝗵𝘆 𝗧𝗵𝗶𝘀 𝗠𝗮𝘁𝘁𝗲𝗿𝘀:

➤ Strengthens domestic U.S. critical mineral supply chains for defense.

➤ Could reduce dependence on Chinese sources for strategic materials.

➤ Supports long-term production of advanced military aircraft and missile systems.

➤ May accelerate investment in North American critical minerals projects.

👉 𝗘𝘅𝗽𝗲𝗿𝘁 𝗦𝘁𝗮𝘁𝗲𝗺𝗲𝗻𝘁𝘀:

𝗠𝗮𝗿𝗸 𝗦𝗺𝗶𝘁𝗵, CEO of NioCorp:

"Both companies recognize how important scandium has become to the future of American defense technology."

𝗟𝗼𝗰𝗸𝗵𝗲𝗲𝗱 𝗠𝗮𝗿𝘁𝗶𝗻:

"the global critical minerals supply chain to ensure access to materials that support our customers' missions."