Scandium Canada (TSX-V:SCD) says an aluminium-scandium alloy commercialised by its subsidiary Scalium+ has been incorporated into every ski in Ferreol Skis’ new 2026–27 collection launched on Thursday.
The commercial deployment represents an important milestone for Scandium Canada’s strategy to develop markets for aluminium-scandium alloys, the company says.
The alloy, known as Scalium®, is designed to improve on-snow performance, including stability, edge grip, and vibration damping, as well as durability through improved bonding and resistance to deformation, according to Ferreol Skis.
Ferreol previously contributed to the development of Scalium® through its technology team, which is now part of Scalium+.
The Québec-based ski manufacturer sees Scalium® as an alternative to the high-strength aluminium sheets used in the ski industry for more than 40 years and is incorporating the alloy across its entire collection in the form of 0.4mm-thick sheets.
The aluminium used by Scalium+ is also sourced from Québec, where Scandium Canada is advancing its Crater Lake Project, which it describes as North America’s largest primary scandium resource.
“This announcement by Ferreol Skis is concrete proof that the market is ready for our aluminium-scandium alloys,” Scandium Canada CEO Guy Bourassa says.
“This is exactly what our mine-to-alloy strategy is designed to do: create value with our alloys today, while advancing the Crater Lake Project as a primary source of scandium in North America.”
“Skiing is a demanding test bench: high mechanical stress and extreme conditions,” Scalium+ CEO Félix Lapointe adds. “Ferreol Skis took part in the development of Scalium® and is now integrating it at volume into a commercial product.
“This milestone demonstrates our ability to transform an idea into a commercial alloy that is used in real products and supports our qualification efforts in other sectors, including aeronautics, automotive, and the defence industry.”
Ferreol says Scalium® is also used in its ski line developed for the defence industry, as a mobility solution for extreme and Arctic environments, including applications for Canadian defence and NATO-allied countries.
The company’s new collection is also expected to be sold across several international markets, including France.
$5.1 million financing closed
Separately, Scandium Canada has closed its previously announced C$5 million ($5.1 million) private placement.
The company issued 25 million units at C$0.20 each, with each unit comprising one common share and one share purchase warrant.
Proceeds will be used to fund diamond drilling, exploration, and environmental sampling at the Crater Lake Project this year and next.
“This additional C$5 million financing will allow the continuity of the on-going diamond drilling campaign aimed at confirming lateral extensions of the TG deposit within the Crater Lake Project,” Bourassa says.
Scandium Canada is a critical minerals company developing North America’s only primary scandium source at its Crater Lake Project in Québec, Canada.
Write to Jackson Chen at Mining.com.au
Images: Ferreol Skis and Scalium+
