Core Insights - Naskapi Nation has acquired a 5% equity stake in Scandium Canada, which is significant as it marks a new partnership model in the mining sector [5] - Scandium Canada is recognized for having the world's only primary scandium source, with recent metallurgical tests achieving a purity of 99.5% and strong recovery rates [5] - The project is expected to reshape scandium supply chains and set new standards for Indigenous partnerships in mining, especially with a 30% increase in resource estimates [5] Company Overview - Scandium Canada Ltd. is listed on the TSX Venture Exchange under the ticker SCD and is focused on developing its scandium deposit in Quebec [5] - The company is positioned to benefit from increasing demand for scandium, which is primarily sourced as a byproduct from other mining operations [5] Industry Context - The scandium market is characterized by limited supply due to its byproduct nature, making Scandium Canada's primary source a unique opportunity [5] - The partnership with Naskapi Nation highlights a growing trend towards Indigenous involvement in resource development, which could influence future mining projects [5]