Mr. Guy Bourassa reports

SCANDIUM CANADA AND ALPOMET ESTABLISH COLLABORATION FRAMEWORK TO DEVELOP SCANDIUM-BASED ADVANCED MATERIALS

Scandium Canada Ltd. has signed an agreement with Alpomet Muhendislik Danlsmanllk Yazlllm Imalat San ve Tic Ltd., a Turkish advanced material engineering company, establishing the framework for a strategic collaboration on specialty scandium-based alloys in multiple applications, including hydrogen technologies.

The collaboration brings together the company's downstream Scandium+ capabilities in aluminum-scandium alloys and Alpomet's expertise in advanced material engineering. Under the agreement, the parties intend to evaluate joint research and development activities across several areas, including:

• Metal powder production through gas and ultrasonic atomization technologies;
• Al-Sc alloys design supported by integrated computational materials engineering;
• Additive manufacturing (3-D printing) and advanced production processes;
• Hydrogen storage and hydrogen-related material applications;
• Material characterization and the development of comprehensive technical data sheets.

"This collaboration reflects the growing international interest in a secure scandium supply and in the advanced materials it makes possible," said Guy Bourassa, chief executive officer of Scandium Canada. "Working alongside a capable engineering team with access to European end-users is another step in building the network of partners that a young and promising scandium market needs."

"The value of this collaboration lies in the complementarity of capabilities," said Luc Duchesne, PhD, chief science officer of Scandium Canada, head of Scandium+. "Combining computational alloy design, powder atomization and rigorous material characterization adds capability to validate Al-Sc alloys for demanding industrial applications."

"Alpomet and Scandium Canada bring together complementary strengths in advanced materials, additive manufacturing and hydrogen technologies," said Yaglz Akylldlz, co-founder and general manager of Alpomet. "We see this collaboration as a structured framework for shaping the engineering materials of the future, and we look forward to building it step by step with the Scandium Canada team."

For Al-Sc alloys to reach their potential in laser powder bed fusion, they must be converted into high-quality and cost-effective metal powders. Alpomet brings demonstrated experience in ICME-based alloy design and in powder production through gas and ultrasonic atomization, including work on high-strength aluminum alloys for additive manufacturing supported by the pan-European Eureka network. These capabilities complement the alloy development work carried out by the company's Scandium+ division. This new collaboration is intended to provide Scandium+ with an alloy formulation and production alternative for the qualification of metal powders.

These work streams target high-value applications where Al-Sc alloys offer a decisive advantage, including aerospace structural components and electric motor systems, where reduced weight combined with increased strength is a key performance driver.

The agreement establishes confidentiality terms between the parties and provides a basis to explore the collaboration described above. Based in Kocaeli, Turkey, Alpomet adds to Scandium Canada's European collaboration network.

About Alpomet Muhendislik Danlsmanllk Yazlllm Imalat San ve Tic Ltd.

Alpomet is a Turkish advanced material engineering and research and development company based in Kocaeli, Turkey. Its expertise spans integrated computational materials engineering, alloy development, powder metallurgy (including gas and ultrasonic atomization), additive manufacturing and material characterization. Alpomet has been selected in two consecutive editions of the pan-European Eureka network Lightweighting Call (2024 and 2025) for projects developing high-strength aluminum alloys for additive manufacturing, working within international consortia that include partners in Germany and Poland. The company conducts national and international R&D projects across the aviation, space, automotive, defence, energy and mining sectors, and works extensively through university and industry collaborations.

About Scandium Canada Ltd.

Scandium Canada is a public company whose ultimate goal is to bring the world's leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium alloys. The company is leveraging its Al-Sc alloy development division and the development of its Crater Lake mining project to meet the growing need for lighter, greener, longer-lasting, high performance materials. The company aims to become a market leader in scandium while committing itself to building a more responsible economy through innovation and agility.

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