Scandium Canada Clarifies Its February 11, 2026 Press Release

Core Viewpoint - Scandium Canada Ltd. clarifies that the target production of 91 tonnes per year of scandium oxide from the Crater Lake Project is a management estimate based on a pre-feasibility study and not derived from an economic study or technical report [2][3] Company Overview - Scandium Canada Ltd. aims to become a leading primary source of scandium, focusing on the development and commercialization of aluminum-scandium (Al-Sc) alloys to meet the demand for high-performance materials [5] - The company is leveraging its Al-Sc alloy development subsidiary and the Crater Lake mining project to address the growing need for lighter and greener materials [5] Market Potential - Management believes that a new scandium supply source with a capacity of nearly 91 tonnes per year could be justified based on market analysis, particularly for applications in 3D printing and welding wire [2][3]