Cymat Technologies, KAP Minerals Plan Canadian Scandium-Aluminum Alloy Joint Venture
Bitget2026/10/28 12:13- Cymat Technologies signed an Oct. 28, 2026, memorandum of understanding with KAP Minerals for a proposed Canadian scandium-aluminum master alloy joint venture.
- KAP would supply scandium oxide from its Kapuskasing project in Northern Ontario; Cymat would contribute proprietary processing technology and manufacturing capabilities.
- The venture targets commercial-grade master alloy production demonstration by the end of 2027, subject to technical development and agreed specifications.
- The partners intend to pursue aerospace, defense and advanced-manufacturing customers in Canada and allied markets.
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