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Scandium Canada secures $15M cash and $6.9M grant to fund 2026 alloy qualification, feasibility study, and drilling.

Company Fundamentals
22 Apr 2026
TheNewswire
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Bullish
pluang ai news

Scandium Canada announced strong shareholder support at its 2026 Annual Meeting and confirmed it has about $15 million in cash plus $6.9 million in non-dilutive government funding to fully finance its 2026 work program. The program focuses on qualifying proprietary aluminum-scandium alloys, completing a Preliminary Feasibility Study on the Crater Lake TG zone, and conducting a $5 million drilling campaign to obtain metallurgical samples. These efforts aim to advance the company's position as a leading scandium producer and support the commercialization of aluminum-scandium alloys for advanced manufacturing. The company plans to complete the feasibility study by summer 2026 and continue alloy qualification milestones throughout the year.

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