Scandium Canada Ltd V.SCD

Scandium Canada Albecour Inc cooperation in Al-Sc alloy

[ScandiumPower]

I think this is the most important project Scandium Canada is operating with - development of aluminium svandium masteralloy production with Albecour Inc. 9 months of the targeted 18 to 24 months development work done. 

https://finance.yahoo.com/news/imperial-mining-albecour-strike-agreement-132200113.html

MONTRAL, July 13, 2023 -- Imperial Mining Group Ltd. and Albecour Inc. are pleased to announce that they have signed a Memorandum of Understanding (“MOU”) to investigate the potential of producing specialty Scandium-Aluminum alloys in the Province of Qubec.
Under the terms of the MOU, the Parties intend to evaluate, and if deemed commercially viable, enter into a commercial agreement for the manufacturing of Scandium-Aluminum master alloys with an aluminum production plant to be identified by the Parties (the “Project”).
“We are pleased to be working with Albecour to develop specialty Scandium-Aluminum alloys using scandium products from our flagship Crater Lake Scandium-Rare Earth development project,” said Imperial interim CEO Alain Bureau. “Albecour’s leadership in the production and sale of primary aluminum metal through its partnership at the Aluminerie Alouette aluminium plant in Sept-Iles, Qubec will contribute to open global marketing channels for our alloy products. The Parties will cooperate as a team for the purpose of pursuing the Project, including evaluating project viability, determining necessary technological steps to alloy production, and execution of the Project.”
TIMELINE AND TARGET MARKETS
The Parties plan to execute the Project as soon as commercially viable and will require 18 to 24 months to complete. The electric vehicle, aeronautic, space, offshore wind, and defence sectors are the target markets for Scandium-Aluminium alloy products.