MOU to investigate production of specialty Sc-Al alloysImperial Mining Group Ltd. and Albecour Inc. announced recently, that they have signed a Memorandum of Understanding (“MOU”) to investigate the potential of producing specialty Scandium-Aluminum alloys in the Province of Qubec.
https://stockhouse.com/news/press-releases/2023/07/13/imperial-mining-and-albecour-strike-an-agreement-to-develop-scandium-aluminum
The below mentioned business and industrial connections makes this announcement very interesting and important for Imperial Mining.
Albecour, a subsidiary 100% owned by Investissement Qubec, is one of the founding partners and owns a 6.67% interest in the Alouette Smelter located in Sept-les.
The Aluminerie Alouette consortium is made up of the following five shareholders: AMAG Austria Metall AG (Austria, 20%), Hydro Aluminium (Norway, 20%), Investissement Qubec (Canada, 6.67%), Marubeni Metals & Minerals (Japan, 13.33%) and Rio Tinto (Canada, 40%).
https://www.alouette.com/en/our-company/shareholders