Northwire Canada EditionFriday, November 6, 2026
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Gold 4,113.50 +1.0% Silver 52.38 +0.2% Copper 6.21 −3.4% Oil 90.52 +2.7% Palladium 1,034.00 +3.1% GRZ 5.25 −8.7% TNGD 5.20 +2.0% IMG 24.46 −0.1% III 6.05 −2.6% SCMI 0.900 −5.3% TSK 0.810 −1.2% MEK 0.040 +0.0% GAU 2.99 +2.0% SVM 11.69 −3.5% NGEX 20.70 −4.6% WPM 185.96 +1.2% ETG 2.58 −7.9% CG 29.87 −0.2% EMO 0.190 −2.6% TUF 0.660 −5.7% APMI 0.095 −13.6% Gold 4,113.50 +1.0% Silver 52.38 +0.2% Copper 6.21 −3.4% Oil 90.52 +2.7% Palladium 1,034.00 +3.1% GRZ 5.25 −8.7% TNGD 5.20 +2.0% IMG 24.46 −0.1% III 6.05 −2.6% SCMI 0.900 −5.3% TSK 0.810 −1.2% MEK 0.040 +0.0% GAU 2.99 +2.0% SVM 11.69 −3.5% NGEX 20.70 −4.6% WPM 185.96 +1.2% ETG 2.58 −7.9% CG 29.87 −0.2% EMO 0.190 −2.6% TUF 0.660 −5.7% APMI 0.095 −13.6%
M&A / Property Routine +

Scandium Canada Signs NDA with University of Waterloo's MSAM Laboratory to Explore Additive Manufacturing of Aluminum-Scandium Alloys

Scandium Canada partners with University of Waterloo to accelerate commercialization of aluminum-scandium alloys for additive manufacturing.

Executive Summary
  • Scandium Canada Ltd. executed a mutual non-disclosure agreement with the University of Waterloo's Multi-Scale Additive Manufacturing Laboratory (MSAM) to initiate a formal R&D collaboration.
  • The partnership focuses on the additive manufacturing of aluminum-scandium (Al-Sc) alloys, specifically targeting cost reductions in laser powder bed fusion (L-PBF) processes to broaden commercial market access.
  • Research will be co-led by MSAM Co-Director Prof. Mihaela Vlasea and Scandium Canada's Chief Science Officer Dr. Luc Duchesne, utilizing MSAM's $25M+ metal 3D printing infrastructure in Kitchener, Ontario.
  • This follows a similar strategic collaboration announced on May 19, 2026, with Turkish engineering firm Alpomet to develop Al-Sc alloys for aerospace, hydrogen, and electric motor applications.
  • The initiative directly supports the "Scandium+" division's mandate to commercialize proprietary AA535 and AA7075 modified alloys, which have already received PCT patent protection and are undergoing prototype wire testing.
Material Impact
  • The news is Routine - Positive. It represents a logical, expected continuation of the company's announced "Scandium+" commercialization strategy rather than a market-moving breakthrough.
  • The market is already aware of the company's focus on Al-Sc alloys for additive manufacturing, as evidenced by prior MOUs with Gränges Powder Metallurgy and the Naskapi Nation equity investment.
  • While partnering with a top-tier Canadian research lab adds technical credibility and may accelerate alloy qualification timelines, it does not alter the financial outlook, revenue generation timeline, or capital requirements in the near term.
  • No material impact on the stock price is anticipated beyond minor sentiment support. The company remains in a pre-revenue, cash-burning development phase.
SCD · Price
Company Overview
  • Scandium Canada Ltd. is focused on developing the Crater Lake project in Quebec, which hosts the world's largest primary scandium resource.
  • Flagship Project: Crater Lake (TG Zone). Status: Pre-feasibility study underway.
  • The company also operates the "Scandium+" division, developing proprietary aluminum-scandium alloys (AA535 and AA7075 modified) for additive manufacturing, aerospace, and automotive applications.
  • Recent milestones include a successful 500kg metallurgical pilot, PCT patent filings for alloys, and strategic partnerships with Gränges Powder Metallurgy and the Naskapi Nation.
Read the original news release →

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