- Imperial Mining Group (IPG) has continued to develop its TG scandium-rare earth mineralized zone in northeast Québec
- Scandium is a critical strengthener of aluminum alloys and plays an important role in reducing emissions
- The use of scandium-aluminum alloys with as little as 0.2 per cent scandium is beneficial in multiple applications, including EVs, defense and aeronautics
- Imperial Mining’s President and CEO, Peter Cashin, sat down with Sabrina Cuthbert to discuss the importance of scandium and share updates on the Crater Lake project
- Imperial Mining Group (IPG) is a Canadian mineral exploration company focused on the advancement of its technology metals projects in Québec
- Imperial Mining Group (IPG) is down by 5.56 per cent trading at $0.085 per share
Imperial (IPG) has continued to develop its TG scandium-rare earth mineralized zone in northeast Québec.
Scandium is a critical strengthener of aluminum alloys. It’s also important as a lightweight product to reduce emissions in the transportation industry.
Québec’s government supports the project due to its natural synergies with its critically important aluminum industry.
The company recently delivered its Preliminary Economic Assessment of the project, which indicated robust financial returns. The team is preparing to move toward a definitive feasibility study for its development.
From electric vehicles, defense, aeronautics, and marine applications, the use of scandium-aluminum alloys with as little as 0.2 per cent scandium is beneficial in multiple applications.
The company intends to become the first global producer of scandium and scandium-aluminum master alloys from its dedicated mineral deposit in northern Québec by extracting and purifying scandium at a cost that makes it a more economical solution.
The company is also developing commercial relationships with users of scandium-aluminum alloys before commissioning its Crater Lake mine in 2026-2027.
Imperial Mining’s President and CEO, Peter Cashin, sat down with Sabrina Cuthbert to discuss the importance of scandium and share updates on the Crater Lake project.
Imperial Mining Group (IPG) is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Québec.
Imperial Mining Group (IPG) is down by 5.56 per cent trading at $0.085 per share as of 9:39 am ET.
