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Scandium Canada Ltd V.SCD

Alternate Symbol(s):  SCDCF

Scandium Canada Ltd., formerly Imperial Mining Group Ltd., is a Canadian technology metals company focused on advancing its flagship Crater Lake scandium and rare earth projects in Quebec. It specializes in mining exploration for gold, base metal and technology metal mining sites located in Canada. It is focused on the advancement of its Crater Lake Scandium-REE project in Northeastern Quebec. It also holds gold properties in the Abitibi greenstone belt. Its Crater Lake Project is located about 200 kilometers (km) northeast of Schefferville, Quebec. The property consists of about 96 contiguous claims covering 47 square kilometers. Its Opawica Project is located about 20 km East of Desmaraisville and is accessible via Highway 113 going from Val-d’Or to Chibougamau, Quebec. The property consists of about 42 contiguous claims covering 23.45 square kilometers. Its La Ronciere Project is located about 35 km East of Desmaraisville. The property consists of about 45 contiguous claims.


TSXV:SCD - Post by User

Post by VanadiumPoweron Aug 19, 2024 8:17am
106 Views
Post# 36185556

At Scandium Canada, the future is now!

At Scandium Canada, the future is now!A metal of the future: At Scandium Canada, the future is now!

Scandium Canada is well advanced to bolster global supply as these markets expand and require more of the metal. While global production stands at just 30-35 tonnes per year (scandium oxide), with no primary production, market analysts forecast demand could grow close to 2,000 tonnes per annum by 2040 – if and when supply is added. “With the current scandium supply being dominated by jurisdictions not necessarily friendly to North America, and considering its status as a critical mineral, it is key that new capacity is developed in North America and Scandium Canada is the answer,” Bourassa tells Mining.com.au. “Starting from zero, in the next 20 years if there was a source or sources available, (Scandium Canada) the market could increase from 40 tonnes the actual demand to 2,000 tonnes – so 50 times what’s out in the market.


https://mining.com.au/a-metal-of-the-future-at-scandium-canada-the-future-is-now/
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