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Scandium Canada (SCDCF) Stock News, Jul-Aug 2026

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Scandium Canada (TSXV: SCD) announced that its Scalium® aluminum‑scandium alloy, commercialized by subsidiary Scalium+, is being integrated into every ski in Ferreol Skis' newly launched 2026‑2027 collection. Thin 0.4 mm Scalium® sheets are used throughout the line as an alternative to long‑standing high‑strength aluminum sheets.

According to Ferreol Skis, Scalium® improves on‑snow performance, durability and eco‑responsibility, and is also used in its defence‑oriented ski line for extreme and arctic environments. The collection will be deployed in several international markets, including France, providing a large‑scale commercial demonstration of Scalium+ alloys and supporting Scandium Canada’s mine‑to‑alloy strategy.

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Scandium Canada (TSXV: SCD, OTC: SCDCF) reported completion of bulk sample drilling at the TG Zone of its Crater Lake scandium project in Nunavik, Québec, and the start of a major 2026 drilling campaign focused on resource extension, delineation and exploration.

Between June 26 and August 5, 2026, the company drilled 19 bulk sample holes totaling about 3,400 metres along roughly 510 metres of strike to obtain a metallurgical sample representative of the entire TG Zone for future feasibility work. Mineralized zones were intersected; core logging confirmed geological continuity, and chemical assays are in progress.

The drill has now moved to up to 36 additional holes totaling at least 4,000 metres, including extension drilling of a minimum 100 metres beyond each end of the current ~700-metre TG Zone, delineation drilling within the footprint, and exploration drilling toward the Discovery Area. According to Scandium Canada, this work targets a minimum 200-metre strike extension to ~900 metres and will test a prospective corridor of about 1.5 kilometres, with completion expected in 2026 and potentially into 2027, depending on seasonal conditions.

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Scandium Canada (TSXV: SCD, OTC: SCDCF) signed a non-exclusive Memorandum of Understanding with the University of Windsor’s CHARGE Lab to explore aluminum‑scandium (Al‑Sc) alloy wire for electric vehicle traction motor windings. Scandium Canada will develop and supply Al‑Sc wire and specifications, while CHARGE Lab leads electrical simulation, motor segment and system testing, and wire coating process development.

Both parties will benchmark Al‑Sc wire against conventional copper conductors, assessing functionality, durability, practicality, cost-effectiveness, dielectric strength, heat resistance, and mechanical performance. Viable commercial applications identified through the work are intended to be commercialized via Scandium Canada’s alloys subsidiary Scalium+, supporting its downstream alloy strategy independently of the Crater Lake mining project timeline.

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Scandium Canada (TSXV: SCD, OTC: SCDCF) released an updated independent market study by EY-Parthenon projecting global scandium oxide demand rising from 91 tonnes per year in 2030 to 194 tonnes by 2035 and 706 tonnes by 2050, versus current global production of 60–80 tonnes. EY-Parthenon projects supply of about 266 tonnes by 2050, leaving a substantial gap to forecast demand, with aerospace, defence and automotive showing compound annual growth rates of 26%, 23% and 22% between 2030 and 2050. According to Scandium Canada, it is developing the Crater Lake project as a primary scandium source in North America with planned capacity of 91 tonnes per year and leveraging its Scalium+ subsidiary to commercialize proprietary aluminum-scandium alloys for aerospace, defence, automotive and advanced manufacturing.

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FAQ

What is the current stock price of Scandium Canada (SCDCF)?

Scandium Canada (SCDCF) last closed at $0.1069.

What is the market cap of Scandium Canada (SCDCF)?

The market cap of Scandium Canada (SCDCF) is approximately $56.8M.