Clean TeQ Holdings Enters Research Alliance With Universal Alloy Corp. and Deakin University

News.com.au reported that Clean TeQ Holdings (ASX:CLQ) recently entered an agreement to promote the use of scandium in aluminum alloys for aerospace components. The company has entered into an alliance with Universal Alloy Corporation and Australia’s Deakin University.
As quoted in the publication:

The collaboration alliance is focused on developing the next generation of lightweighting solutions for the commercial aerospace industry. A critical objective is to identify the optimum scandium content to allow rapid and broad-based adoption of aluminium-scandium alloy components in lighter, more fuel efficient commercial aircraft.

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