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Imperial Mining Group Class A ( (TSE:SCD) ) just unveiled an update.
Scandium Canada Ltd. has announced a strategic advancement in the commercialization of its proprietary aluminum-scandium alloys through a Memorandum of Understanding with Gränges Powder Metallurgy. This collaboration aims to integrate Scandium Canada’s alloys into Gränges’ product offerings, potentially accelerating the adoption of lightweight structures in industries such as aerospace and automotive. Additionally, a report from Productique Quebec has identified 13 target applications for these alloys, prompting Scandium Canada to expand its outreach to industrial end-users. The company has also secured support from Canada’s Industrial Research Assistance Program to explore new commercial applications, further strengthening its patent portfolio with a new international patent application. These developments are expected to enhance Scandium Canada’s industry positioning and stakeholder engagement.
More about Imperial Mining Group Class A
Scandium Canada Ltd. is a public company focused on becoming the leading primary source of scandium, facilitating the development and commercialization of aluminum-scandium alloys. The company is leveraging its alloy development division and the Crater Lake mining project to address the demand for lighter, greener, and high-performance materials, aiming to establish itself as a market leader in scandium while promoting a responsible economy through innovation.
Average Trading Volume: 1,364,486
Technical Sentiment Signal: Buy
Current Market Cap: C$26.78M
See more insights into SCD stock on TipRanks’ Stock Analysis page.