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Scandium Canada Taps Norda Stelo to Lead Crater Lake Pre-Feasibility Study

Story Highlights
  • Scandium Canada hired Norda Stelo to lead the Crater Lake pre-feasibility study, integrating an updated resource estimate by August 2026.
  • Backed by recent warrant funding, the firm advances mine, plant and infrastructure plans at Crater Lake, strengthening its scandium ambitions.
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Scandium Canada Taps Norda Stelo to Lead Crater Lake Pre-Feasibility Study

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Imperial Mining Group Class A ( (TSE:SCD) ) just unveiled an announcement.

Scandium Canada Ltd. has appointed Québec-based engineering firm Norda Stelo to lead the pre-feasibility study for its Crater Lake scandium project, with conclusions targeted for summer 2026 and a final report expected by the end of August 2026. Norda Stelo will oversee the overall study, including integrating the updated mineral resource estimate, while specialized firms retained by Scandium Canada will handle metallurgical and recovery work. Supported by recent warrant exercises that have bolstered its finances, Scandium Canada is advancing a development plan that includes mining infrastructure, camp facilities, power generation, an airstrip and a hydrometallurgy plant near Schefferville, alongside advanced discussions on a potential access road, underscoring the project’s progression toward a more defined development scenario and reinforcing the company’s ambition to secure a leading role in the emerging scandium supply chain.

More about Imperial Mining Group Class A

Scandium Canada Ltd. is a publicly listed Canadian company focused on developing what it aims to make the world’s leading primary source of scandium, a critical metal used to produce aluminum-scandium (Al-Sc) alloys. Through its Al-Sc alloy development subsidiary and its flagship Crater Lake mining project in Québec, the company targets the growing market for lighter, greener, high-performance materials, positioning itself as a future market leader in scandium for advanced industrial and clean-technology applications.

Average Trading Volume: 1,993,812

Technical Sentiment Signal: Buy

Current Market Cap: C$79.66M

See more insights into SCD stock on TipRanks’ Stock Analysis page.

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