Imperial Mining and Albecour Strike an Agreement to Develop Scandium-Aluminum Alloys in Québec
MONTRÉAL, July 13, 2023 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) and partner Albecour Inc. (“Albecour” and, collectively with Imperial, the “Parties), are pleased to announce that they have signed a Memorandum of Understanding (“MOU”) to investigate the potential of producing specialty Scandium-Aluminum alloys in the Province of Québec.
- MONTRÉAL, July 13, 2023 (GLOBE NEWSWIRE) -- Imperial Mining Group Ltd. ("Imperial") (TSX VENTURE: IPG; OTCQB: IMPNF) and partner Albecour Inc. (“Albecour” and, collectively with Imperial, the “Parties), are pleased to announce that they have signed a Memorandum of Understanding (“MOU”) to investigate the potential of producing specialty Scandium-Aluminum alloys in the Province of Québec.
- “We are pleased to be working with Albecour to develop specialty Scandium-Aluminum alloys using scandium products from our flagship Crater Lake Scandium-Rare Earth development project,” said Imperial interim CEO Alain Bureau.
- The Parties plan to execute the Project as soon as commercially viable and will require 18 to 24 months to complete.
- The electric vehicle, aeronautic, space, offshore wind, and defence sectors are the target markets for Scandium-Aluminium alloy products.