Imperial Mining and FusiA Groupe Awarded a $2.6 million Federally-Funded Scandium-Aluminum R&D Grant
Imperial Mining and FusiA Groupe Awarded a $2.6 million
Federally-Funded Scandium-Aluminum R&D Grant
MONTREAL, QUEBEC – October 5, 2021 – Imperial Mining Group Ltd. ("Imperial") (TSX
VENTURE: IPG; OTCQB: IMPNF) and partner FusiA Groupe (“FusiA”), collectively “Consortium”,
are pleased to announce that they have been awarded funding, as a Consortium, for a scandium-aluminum
material R&D project valued at CAN $2,600,520 from a Federally -funded not-for-profit institution. The
project will focus on the industrialization and the development of a vertically integrated supply chain for a
scandium-aluminum alloy for 3D printing. The project funding support will be distributed on a 70:30 basis
between Imperial and FusiA, respectively.
The project submission process and selection criteria are extremely rigorous, including a detailed financial
review, extensive documentation, and assessment by a panel of five independent experts. By being awarded
this funding, the Consortium has shown th at it is poised to promote job growth, spur on new innovations
and support Canada’s industrial landscape.
“This award is a key step in Imperial’s long -term strategic goal of becoming the premier supplier of
scandium,” said Imperial President & CEO Peter J . Cashin. “The Consortium has submitted market
projections that show growing demand for new innovative light weight scandium-aluminum alloys used in
3D printing applications. The business case has been vetted by the thorough project submission process and
deemed to be of high value to the Canadian economy. This project will promote job growth, ensure long -
term business opportunities and cement Canada as a leader in new manufacturing technologies. We look
forward to working with FusiA Groupe over the coming months and years.”
“The project funding will enable FusiA Groupe to deploy the solid know -how that it has developed over
the last 10 years,” said FusiA Groupe founder & CEO Cyrille Chanal. “FusiA became involved in 3D
printing in 2011, being one of the first companies to develop expertise in 3D printing of aluminum alloys.
By expanding our pallet of alloys to include scandium-aluminum, FusiA Groupe will contribute to the
establishment of a secure Canadian supply chain for the alloy for the aeros pace & defense industries.
Finally, this project will allow FusiA Groupe to maintain its position as one of the Canadian leaders in the
production of metal additive manufactured parts using highly-specialized alloys.”
TIMELINE AND TARGET MARKETS
The Consortium plans to carry out the work program from September 2021 to February 2023. The electric
vehicle, aerospace, space, offshore wind power, and defence sectors have been targeted by the research
program.
CORE CRITERIA FOR PROJECT SELECTION
• The project must be transformative, involving the development of advanced manufacturing
capabilities with the potential to confer a significant global competitive advantage to Canadian
industry;
• The research must be applied, focused on solutions, supporting later -stage technology and
manufacturing-readiness with potential to generate significant long -term commercial and
economic benefits, including jobs maintained and created;
• The research must be e nduring, leaving a legacy in skills development, tools, testbeds,
intellectual property, and/or business knowledge for Canada’s advanced manufacturing
ecosystem beyond the partners and timeline of the project;
• The program is collaborative, developing industry relationships, building trust, and sharing in
knowledge, risk, investment and the resulting benefits;
• The project must include at least one small - and medium -sized enterprise (SME) and are
encouraged to consider the inclusion of academic and research organizations;
• Due to limitations on public communications following the recent Federal election, additional
information about the not -for-profit funding for this project will be made available after
October 18th, 2021.
ABOUT IMPERIAL MINING GROUP LTD.
Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology
metals projects in Québec. Imperial is publicly listed on the TSX Venture Exchange as “IPG” and on the OTCQB
Exchange as “IMPNF” and is led by an experienced team of mineral exploration and development professionals with
a strong track record of mineral deposit discovery in numerous metal commodities.
ABOUT FusiA GROUPE
FusiA Groupe specializes in the additive manufacturing (3D printing) of metal parts in France and Canada. It has
gained extensive expertise in 3D printing through sustained investments in R&D since 2011 (more than 25 projects).
Its know -how enables it to offer services from the design phase to production, in accordance with the aerospace
sector’s highest standards. Its subsidiary, FusiA Impression 3D Métal, has been based in Québec, Canada since 2014
and has a production facility in Saint-Eustache. FusiA Groupe is also a leader in France through its subsidiary FusiA
Aeroadditive, certified by the Safran Group. It recently obtained a series of contracts for more than 1,000 parts from
major European aerospace prime contractors.
For further information please contact:
Website: www.imperialmgp.com Twitter: @imperial_mining Facebook: Imperial Mining Group
Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture
Exchange) accepts responsibility for the adequacy or accuracy of this release.
Peter J. Cashin
President and Chief Executive Officer
Phone: +1 (514) 360-0571
Email: [email protected]
CHF Capital Markets
Cathy Hume, Chief Executive Officer
Phone: +1 (416) 868-1079 x231
Email: [email protected]