Scandium Canada Engages Norda Stelo for Crater Lake Project Pre-Feasibility Study
MONTRÉAL, QUÉBEC — February 6, 2026 — Leads & Copy —
Scandium Canada Ltd. (TSX-V: SCD) has confirmed the signing of a service agreement with Québec-based engineering firm Norda Stelo for the completion of the pre-feasibility study (“PFS”) for the Crater Lake project.
The timeline for the delivery of the study’s conclusions remains summer 2026, with the final report expected to be released at the end of August 2026.
Norda Stelo will be responsible for the overall completion of the PFS, including the integration of the “Updated Mineral Resource Estimate” NI 43-101 technical report from April 2025. This mandate does not include tasks related to metallurgical processes and recovery, which will be carried out by firms selected by Scandium Canada.
According to Guy Bourassa, CEO of Scandium Canada, the Crater Lake project includes the construction of mining infrastructure with a camp, power generation, and an airstrip, as well as the construction of a hydrometallurgy plant in the Schefferville region. The company is also in advanced discussions regarding the analysis of an access road project from Schefferville to the Crater Lake site, which would not be included in the PFS being contemplated.
Norda Stelo is a Quebec-based consulting-engineering firm operating in Canada and internationally. It assists public and private organizations in carrying out complex projects related to infrastructure, transportation, natural resources, energy, and manufacturing. Its approach is based on asset sustainability, risk management, and the integration of digital solutions to support informed decision-making in the context of climate and industrial transition. The company has nearly 900 employees.
Scandium Canada (TSX-V: SCD) aims to bring the world’s leading primary source of scandium into production, enabling the development and commercialization of aluminum-scandium (Al-Sc) alloys. The Corporation aims to become a market leader in scandium, while committing itself to building a more responsible economy through innovation and agility.
Source: Scandium Canada
Share this story:
