# KAP Minerals and Cymat Technologies sign MOU for scandium-aluminum JV in Canada

KAP Minerals Inc. has announced a memorandum of understanding with Cymat Technologies Ltd. to form a joint venture to produce and sell scandium-aluminum in Canada.

- Type: Partnership
- Announced: 2026-11-04
- Where: Canada, Canada
- Status: announced
- Products: scandium-aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [KAP Minerals Inc.](https://endata.com/companies/16032.md) (partner)
- [Cymat Technologies Ltd.](https://endata.com/companies/16033.md) (partner)

## Sources

- [ctvnews.ca](https://www.ctvnews.ca/northern-ontario/article/kap-minerals-in-joint-venture-to-produce-hi-tech-lightweight-aluminum/), 2026-11-04: "KAP Minerals Inc. has announced a memorandum of understanding with Cymat Technologies Ltd. on a joint venture to produce and sell a durable metal known as scandium-aluminum in Canada."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.