Scandium Game-Changer: New Metallurgy Could Redefine North American Supply [Globe and Mail, The (Toronto, Canada)]
New Gold Inc. (NGD)
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Source: Globe and Mail, The
capacity, the announcement signaled more than incremental policy adjustment. It marked Ottawa's recognition that processing infrastructure, not just mining, determines whether Canada captures value from its mineral endowment or remains a raw material exporter in an increasingly protectionist global economy. The timing reflects broader anxiety across Western capitals. With China controlling 85% of global refined scandium production and maintaining leverage over rare earth processing, the vulnerability of North American supply chains has moved from academic concern to strategic priority. Carney's pledge, part of a larger bilateral investment framework securing $70 billion in UAE commitments to Canada, arrives as Washington implements price floors for domestic critical minerals and Australia accelerates joint development projects with American defense contractors. Against this backdrop, a technical breakthrough at a British Columbia copper-gold project has quietly positioned Canada t
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