Northwire Canada EditionFriday, July 17, 2026
Northwire
LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8% LUN 33.59 −2.5% NTR 94.27 −1.8% LALI 0.055 −8.3% SCD 0.170 +0.0% HWY 0.370 +0.0% FCI 0.385 +1.3% GGAU 0.180 −5.3% KIRO 0.650 +1.6% LBNK 0.430 +0.0% BARU 0.040 +0.0% VCU 1.09 −4.4% NOBL 0.095 −5.0% SHL 0.355 +0.0% MTS 0.130 +0.0% FYL 0.090 +0.0% NUAG 5.55 +1.8%
Other Routine +

Scandium Canada and ALPOMET Establish Collaboration Framework to Develop Scandium-Based Advanced Materials

Scandium Canada Secures Strategic Turkish Partnership to Accelerate Al-Sc Alloy Commercialization Amidst Strong Cash Position

Executive Summary
  • Event: Scandium Canada Ltd. signed a strategic collaboration agreement with ALPOMET, a Turkish advanced materials engineering company based in Kocaeli.
  • Objective: Joint research and development (R&D) for scandium-based aluminum alloys (Al-Sc) targeting hydrogen technology and additive manufacturing applications.
  • Scope: Collaboration focuses on metallic powder production via gas/ultrasonic atomization, alloy design using Integrated Computational Materials Engineering (ICME), and qualification of powders for Laser Powder Bed Fusion (L-PBF).
  • Target Applications: High-value sectors including aerospace structural components and electric motor systems where weight reduction is critical.
  • Context: This partnership complements the company's "Scandium+" division, aiming to validate Al-Sc alloys for demanding industrial applications using ALPOMET's expertise in ICME and powder metallurgy.
Material Impact
  • Incremental Validation: The agreement reinforces the commercialization strategy of the Scandium+ division announced in late 2025 but does not introduce new capital or immediate revenue streams.
  • Strategic Alignment: It aligns with previous partnerships (e.g., Granges Powder Metallurgy) and government grants, indicating a consistent execution path rather than a pivot.
  • Market Expectation: Given the company's focus on alloy qualification announced in April 2026 work programs, this is an expected milestone in building the partner network required for scandium commercialization.
  • Financial Impact: No immediate dilution or cash infusion reported; costs are likely absorbed within existing operational budgets funded by the March 2026 financing and government grants.
SCD · Price
Company Overview
  • Flagship Project: Crater Lake Project (TG Zone) in Quebec, identified as the largest primary scandium source in North America.
  • Resource Estimate: NI 43-101 compliant resource update released April 2025; Indicated resources of 205.54 Mt at 379 g/t Sc₂O₃.
  • Scandium+ Division: Commercial arm focused on proprietary Al-Sc alloys for additive manufacturing (powders and wires), targeting aerospace, automotive, and defense markets.
  • Development Stage: Pre-feasibility study underway with Norda Stelo; drilling campaign planned for 2026 season.
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