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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 ScandiumPoweron Apr 30, 2024 1:03am
119 Views
Post# 36014031

Guy Bourassa on the Armor Strength of Scandium Canada

Guy Bourassa on the Armor Strength of Scandium Canada
Guy Bourassa on the Armor Strength of Scandium Canada - YouTube

In a recent interview with Tracy Weslosky of InvestorNews, Guy Bourassa, CEO and Director of Scandium Canada Ltd. (TSXV: SCD | OTCQB: SCDCF), highlighted the transformative potential of scandium in the aluminum industry. Describing scandium as a "game changer," Bourassa explained, "You just put a little bit of scandium, very little quantities of scandium, you mix it with aluminum and other minerals and you obtain super strength alloys. Lightweight, as strong as titanium, strength of armor." He emphasized the significant role scandium could play in achieving global net-zero goals by reducing the weight of components, which is critical in industries such as aerospace where scandium is currently utilized in Russian fighter jets like the MiG-29. Bourassa also discussed Scandium Canada's efforts to secure a stable and long-term supply of scandium outside of China and Russia, the current major producers. This initiative is crucial as it addresses the limited commercial production due to insufficient supply. He noted, "There's a big, huge potential latent demand for aluminum with scandium. The only thing that restricts the adoption is the fact that there's no long-term safe supply." Recent milestones under his leadership, such as the signing of a pre-development agreement with the Naskapi Nation of Kawawachikamach, underscore the company's progress and commitment to socially responsible mining. This agreement, he stated, is paramount for the success of the project, allowing pre-development work in harmony with indigenous rights and environmental stewardship. Moreover, Bourassa pointed out the significant government interest and financial support for critical mineral projects, reflecting the strategic importance of scandium in national supply chains. He revealed ongoing efforts to refine scandium extraction methods and the exploration of its uses in 3D printing technologies, which could revolutionize various industrial applications. The CEO's vision is clear: establishing a reliable scandium supply in the West could dramatically boost the metal's adoption across multiple industries, unlocking new technological potentials and reinforcing Scandium Canada's position in the market. About Scandium Canada Ltd. Scandium Canada is a Canadian technology metals company focused on the Al Sc (2%) Master Alloy and scandium.





 

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