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Imperial Mining Group Ltd. Class A ( (TSE:SCD) ) has issued an update.
Scandium Canada Ltd. has updated its stakeholders on advancements in its aluminum-scandium 3D powder research and development. The company has successfully printed test coupons using their patented alloys in collaboration with McMaster University, aiming to target industrial sectors in need of innovative solutions. The modified 7075 alloy, enhanced with scandium, is expected to replace standard alloys in industries such as aerospace, automotive, and military due to its superior strength and lightweight properties.
More about Imperial Mining Group Ltd. Class A
Scandium Canada Ltd. is a public company focused on promoting critical metals, primarily scandium. Their objective is to become the world’s leading primary source of scandium, facilitating the development and commercialization of aluminum-scandium alloys to meet modern industry demands for lighter, greener, and longer-lasting materials.
YTD Price Performance: -25.00%
Average Trading Volume: 276,600
Technical Sentiment Consensus Rating: Buy
Current Market Cap: C$4.69M
Learn more about SCD stock on TipRanks’ Stock Analysis page.
