KAP Minerals

Cymat to Detail Scandium-Aluminum JV With KAP Minerals on Nov. 4

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Cymat to Detail Scandium-Aluminum JV With KAP Minerals on Nov. 4

MISSISSAUGA – November 02, 2026 -- Cymat Technologies Ltd. (TSXV: CYM) will brief investors on November 4 at 2:00 p.m. EST on a proposed joint venture with KAP Minerals Inc. to produce scandium-aluminum (Sc-Al) master alloy at its Mississauga facility. The webcast, held on Zoom, follows a memorandum of understanding (MOU) signed with KAP last week.

JV would draw scandium from Kapuskasing mine tailings

The scandium would be recovered through secondary refining of surface tailings at a phosphate mine in Kapuskasing, Ontario, which KAP plans to rehabilitate. Transportation, energy and building infrastructure for the refining facility are already in place, which Cymat expects to deliver a low-cost process for scandium oxide.