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  • Scandium Canada financed to develop proprietary aluminium-scandium alloys
23 March 2026
WRITTEN BY Danielle Doporto

Scandium Canada financed to develop proprietary aluminium-scandium alloys

Join us as we speak with Guy Bourassa, CEO of Scandium Canada (TSX-V:SCD), about recent capital injections and the significant operations the company will fund. 

Key topics discussed:

  • C$17.25 million ($17.71 million) raised from an offering led by Research Capital Corporation on behalf of a syndicate of underwriters including Red Cloud Securities, which both exercised options.
  • C$6.9 million ($7.14 million) awarded by Natural Resources Canada’s Global Partnership Initiative (GPI).
  • How funds will be used to advance the Crater Lake Project in Québec, Canada, as well as metallurgical test work on proprietary aluminium-scandium alloys. 

About the guest and company:
Guy Bourassa drives Scandium Canada towards its goal of operating the world’s primary source of scandium at the Crater Lake Project and advancing the commercial development of aluminium‑scandium (Al‑Sc) alloys through its subsidiary. The company aims to become a leader in the scandium market while committing to building a more sustainable economy through innovation and agility.

Watch the full interview to gain insights into scandium exploration and development.

Add to Watch List:
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Written By Danielle Doporto

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