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Stock impact report

NioCorp Collaborating with Leading UK-Based Research University to Develop Innovative Aluminum-Scandium Alloys for the Automotive Sector [Yahoo! Finance]

NioCorp Developments Ltd. (NB) 
Company Research Source: Yahoo! Finance
that the Company has entered into an agreement with London-based Brunel University London, a leading research university focused on application of cast aluminum alloys globally, to develop innovative aluminum-scandium alloys and applications for use in the automotive sector. NioCorp has joined with the Brunel Centre for Advanced Solidification Technology (" BCAST ") to develop a range of innovative aluminum alloys for the automotive sector. These alloys will utilize scandium to enhance the performance of aluminum components in order to facilitate: Vehicle light weighting - developing aluminum-scandium alloys that reduce weight, increase automobile efficiencies, and reduce emissions; Recycling - utilizing the performance-enhancing attributes of scandium to increase recyclability, creating sustainable low-carbon circular supply chains; and Cost Reduction - reducing manufacturing costs and waste through utilizing scandium to increase the strength, ductility, weldability, durabili Show less Read more
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