InvestorTalk Alert: Guy Bourassa 8 October 2024 In preparation for tomorrow’s InvestorTalk, here are the three most recent news releases from Scandium Canada for your review, which are listed below:
- September 23, 2024 — Scandium Canada Ltd. files patent application for aluminium-scandium alloys for 3D printing — click here
- September 20, 2024 — Scandium Canada Announces Closing of Private Placements — click here
- September 18, 2024 — Scandium Canada Announces a Private Placement of $1,000,000 — click here
We found the September 23rd news release titled, Scandium Canada Ltd. files patent application for aluminium-scandium alloys for 3D printing, particularly noteworthy, and here 5 key data points from it:
- Patent Filing: Scandium Canada Ltd. filed a provisional patent with the United States Patent and Trademark Office titled “Aluminum alloy powders for additive manufacturing. Methods of producing the same and uses thereof.”
- Development Collaboration: The development of the aluminum scandium (Al-Sc) alloys and powders for 3D printing applications was done in collaboration with McMaster University in Ontario, Canada.
- Application Areas: The newly developed aluminum scandium alloys are intended for use in additive manufacturing, offering potential benefits for industries like aerospace, automotive, and maritime due to their lightweight and high-strength properties.
- Strategic Objectives: According to Guy Bourassa, CEO of Scandium Canada, the company aims to be recognized as a leader in the scandium market by not only developing the largest hard rock primary scandium project in the world but also by developing applications for scandium in various industries.
- Commercial Strategy: Over the coming months, Scandium Canada plans to explore options with commercial and research partners both in Canada and internationally to monetize its intellectual property, aiming to generate revenue and establish offtake agreements separate from its mining activities
https://investornews.com/critical-minerals-rare-earths/investortalk-alert-guy-bourassa-from-scandium-canada-ltd-to-host-on-tuesday-october-8-2024/