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Lockheed Martin Seeks U.S. Scandium Supply With 15 Tons Deal

Lockheed Martin logoLockheed Martin
Sig2.55Sen+3.90Env0.00Soc0.00Gov+1.45

Lockheed Martin is pursuing supply contracts for critical minerals from U.S.-based production, focusing on scandium. It has reportedly signed a tentative agreement with NioCorp to receive 15 metric tons annually and is discussing long-term deals with Teck Resources and 5N Plus. The company wants stable volumes and clarity that supply is not sourced from China as defense procurement restrictions loom for 2027.

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