NioCorp Developments (NB) has released an update.
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NioCorp Developments Ltd. has joined forces with industry leaders like Aston Martin and Boeing UK in a consortium that has secured UK government funding to develop eco-friendly automotive parts. The initiative, known as Project PIVOT, aims to create lightweight aluminum alloys using recycled aluminum strengthened by scandium, reducing carbon intensity significantly. This effort is anticipated to revolutionize the global casting industry with a focus on sustainability.
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