Scandium Canada Ltd. (TSX-V: SCD) has publicly welcomed and commended the Naskapi Nation of Kawawachikamach for advancing the first phase of the Naskapi Nuuhchiimiiu Maaskinuw Project, a Nation-led initiative to assess potential multi-user access corridor options within Nuchimiyuschiiy – the traditional Naskapi Nation territory. The announcement, made by the Naskapi Nation on June 12, highlights a community-driven assessment grounded in engagement with community members, Elders, land users, and neighbouring Nations. The project aims to gather information, conduct due diligence, and support informed decision-making regarding future infrastructure options.
Scandium Canada, which is developing the Crater Lake project in the region, stated that decisions about infrastructure in Nunavik must involve all First Nations and Inuit sharing that territory. The company supports and salutes the Naskapi Nation's leadership in evaluating access corridor options and recognizes the priorities the Naskapi Nation has placed at the centre of this work: environmental stewardship, traditional land use, Indigenous governance, and collaboration with Indigenous Peoples and users of the corridor. Guy Bourassa, Chief Executive Officer of Scandium Canada, said, "We commend the Naskapi Nation of Kawawachikamach for the leadership it is showing with the potential multi-user access corridor of the Nuuhchiimiiu Maaskinuw Project." He added that what matters to the company is that the benefits of development reach the people whose land makes it possible, and that they are deeply committed to a relationship that delivers lasting, shared value to the Naskapi Nation and neighbouring communities.
The Nuuhchiimiiu Maaskinuw Project is an independent initiative led by the Naskapi Nation, and Scandium Canada fully respects the objectives of the assessment. In alignment with the Nation's initiative, Scandium Canada continues its own engagement with the Indigenous communities connected to the Crater Lake project, which includes a hydrometallurgical plant in Schefferville. The company aims to foster dialogue, understand community priorities, and build lasting relationships based on trust, mutual respect, and collaboration. For more details, refer to the official press release from the Naskapi Nation here.
Scandium Canada is a public company focused on bringing the most significant primary source of scandium in North America into production. By leveraging its Al-Sc alloys development division and the Crater Lake mining project, the company aims to meet the growing need for lighter, greener, longer-lasting, high-performance materials. The company's commitment to building a more responsible economy through innovation and agility positions it as a potential market leader in scandium. Forward-looking statements in this release are based on assumptions and subject to risks and uncertainties, as detailed in the company's disclosure documents on SEDAR+. The company disclaims any intention to update forward-looking statements except as required by law.
