Clean TeQ Holdings Limited (CLQ:TSX) announced that the company has entered into a agreement with Chinalco Materials Application Research Institute (CMARI) and Chongqing University for the development of scandium alloys in the global transport industry.
Clean TeQ Holdings Limited (CLQ:TSX) announced that the company has entered into an agreement with Chinalco Materials Application Research Institute (CMARI) and Chongqing University for the development and adoption of scandium alloys in the global transport industry.
As quoted in the press release:
The agreement establishes a two-year development program to investigate the functional and commercial benefits of scandium in a range of aluminium alloys currently used in China’s automotive and aerospace industries. The program will bring together research and production engineers from CMARI, Chongqing University and Clean TeQ to develop and commercialise scandiumcontaining alloys for customers. The work will be carried out in CMARI’s Research & Development laboratories in Beijing and Chongqing University’s School of Materials Science and Engineering (SMSE). Clean TeQ’s Alloy Development Manager, Dr. Timothy Langan, will assist in the development of test programs and sit on the Steering Committee for the partnership.
China is embarking on a radical transformation of its transport sector, the scale of which has no precedent in history. While China’s policies to promote renewable energy and accelerate the adoption of electric vehicles has captured most attention, it is advances in materials science – stronger, lighter and more durable materials in the construction of cars, planes, trains and ships – that promises to provide the most long-lasting benefits for the global economy and the environment.
Scandium allows us to create a new generation of aluminium alloys with unrivalled functionality – alloys that are stronger, lighter, corrosion-resistant and weldable. As the largest resource in the world of this rare metal, Clean TeQ Sunrise will become an important source of global supply for decades to come. We believe our partnership with Chinalco, one of the world’s largest aluminium companies, and Chongqing University, will accelerate the adoption of scandium-containing alloys in China’s transport sector.