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Scandium Canada Marks Pivotal Year With Crater Lake Advances, New Alloy Division and Indigenous Investment

Story Highlights
  • Scandium Canada advanced its Crater Lake project with new resource estimates, successful pilot metallurgical testing, and logistics planning that de-risk future development.
  • The company launched its Scandium+ alloy division and secured strategic Indigenous investment, strengthening its industrial positioning and social license in critical materials.
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Scandium Canada Marks Pivotal Year With Crater Lake Advances, New Alloy Division and Indigenous Investment

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Imperial Mining Group Class A ( (TSE:SCD) ) has provided an announcement.

Scandium Canada’s annual review outlines a pivotal year in which it advanced both its Crater Lake scandium project and its downstream aluminum‑scandium alloy strategy, reinforcing its role in the emerging critical materials supply chain. The company published an updated resource estimate for the TG Zone confirming the scale and open-ended potential of the deposit, successfully completed a 500 kg metallurgical pilot test to validate its process and reduce technical risk, and advanced logistics planning for a potential hydrometallurgical plant near Schefferville to support upcoming pre‑feasibility work. It also launched its Scandium+ division to commercialize proprietary, patent‑pending Al‑Sc alloys, deepened R&D on powders for additive manufacturing, and intensified engagement with industrial users while leveraging government-led trade missions to build international partnerships. In parallel, Scandium Canada strengthened its social and strategic footing by presenting the Crater Lake project to the Naskapi community of Kawawachikamach, culminating in a strategic investment by the Naskapi Nation that signals long-term Indigenous support and underscores the company’s commitment to responsible development and community benefits.

More about Imperial Mining Group Class A

Scandium Canada Ltd. is a publicly traded Canadian mining and advanced materials company focused on bringing North America’s largest primary scandium resource, the TG Zone at its Crater Lake project in Quebec, into production. The company aims to supply scandium for the development and commercialization of high value-added aluminum-scandium (Al-Sc) alloys, targeting demand for lighter, greener and higher-performance materials across sectors such as aerospace, automotive, advanced manufacturing and 3D printing.

Average Trading Volume: 1,348,417

Technical Sentiment Signal: Buy

Current Market Cap: C$40.17M

For an in-depth examination of SCD stock, go to TipRanks’ Overview page.

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