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Scandium Canada Crater Lake Project

Scandium spearheads Québec’s critical minerals on Asia roadshow

Scandium Canada (TSX-V: SCD) has completed a week-long roadshow through Asia, showcasing Quebec’s role in the global energy transition, highlighting the potential of its Crater Lake scandium project to investors and strategic partners in South Korea and Japan.

The company joined Québec’s 2025 Economic Mission to Asia, organised by the Ministry of Natural Resources and Forests and Investissement Québec, visting Seoul before moving to Tokyo, as part of a showcase of the region’s critical mineral capability.

Scandium Canada representatives met with officials from the Korea Mine Rehabilitation and Mineral Resources Corporation and potential partners active in clean-energy technologies.

In Japan, the group engaged with Sumitomo Corporation, the Japan Bank for International Co-operation and Sumitomo Mitsui Banking Corporation.

CEO Guy Bourassa said the mission helped position both Scandium Canada and the province of Québec as credible partners in Asia’s growing push for supply-chain security.

“This roadshow demonstrated the strategic importance of scandium in developing cleaner and lighter materials,” he said. “It also underscored Québec’a leadership in delivering sustainable and innovative solutions to Asian markets.”

Scandium Canada presented the Crater Lake project to prospective investors, describing it as one of the world’s largest primary sources of scandium. The deposit, located about 230km northeast of Schefferville in Nunavik, features ‘high-grade scandium’ and rare-earth mineralisation confirmed by a new resource estimate released in April 2025.

Following a positive preliminary economic assessment, the company plans to advance a pre-feasibility study by June 2026 to refine technical and financial parameters in line with environmental and social best practice.

Write to Dan Petrie at Mining.com.au

Image: Mining.com.au

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Written By Dan Petrie
Dan Petrie is Mining.com.au’s Head of Data, a former data editor at Bloomberg LP, analyst at Macquarie Bank and contributing data expert to Google Digital News Academy.