#Canada #Canadian Energy Metals #Thor Project #alumina production #Calgary, Saskatchewan

Canadian Energy Metals Innovates in Alumina Production

Canadian Energy Metals Corp. (CEM), a leading figure in the mining and energy sector, has made significant strides in the production of metallurgical grade alumina. Recently, the company announced promising results derived from its ongoing efforts in extracting metals from an unconventional resource, distinct from traditional bauxite sources.

The project, located in northeast Saskatchewan near Tisdale, has showcased the viability of utilizing black shales for producing alumina. This innovative process converts boehmite sourced from these shales into metallurgical grade alumina (MGA)—a critical raw material in aluminum production. This newly developed method not only displays the potential to mirror the purity and specifications of alumina produced by the conventional Bayer process but also opens doors to new economic possibilities.

CEM's recent announcement also includes the initiation of their Prefeasibility Study (PFS). This study is crucial as it provides a comprehensive economic and engineering assessment that outlines extraction, refining, and smelting pathways for CEM’s operations. The result of this study will significantly enhance confidence in the resource as it assesses preliminary capital and operational costs while exploring logistics, infrastructure, and market options. Ultimately, it will help determine the project's technical and economic feasibility for advancing to a full-scale Feasibility Study.

Christopher Hopkins, the President and CEO of CEM, expressed excitement about this achievement, mentioning, "The processes we've developed over the past two years with leading engineering partners are rapidly advancing North America's first fully integrated aluminum project." He emphasized the company's ambition to secure a national supply of both alumina and critical strategic metals, thus reducing reliance on external sources.

In January 2026, CEM previously unveiled a proof of concept for recovering high-purity alumina (HPA) and chemical grade alumina (CGA) from the same black shales. Their Preliminary Economic Assessment (PEA) released in May evaluated the economic feasibility of producing high-value alumina products from the discovered shales. The recent milestone of proof-of-concept alumina production extends the potential of product development from the Thor project, supporting CEM's broader goal of establishing a domestic supply source.

The current geopolitical climate has raised concerns about supply chain disruptions, presenting a considerable risk to the global economy. CEM aims to mitigate these risks through a secure supply chain across North America, enhancing its strategic value proposition. The company continues to work diligently on the technical aspects of the Prefeasibility Study and optimizing processes through advanced pilot efforts. Additionally, they are intensifying exploration activities in pursuit of further critical metal potential across their mining rights.

About Canadian Energy Metals Corp.

CEM is a privately held company that wholly owns the Thor Project in Saskatchewan. The primary focus remains on developing its alumina resource and associated strategic metals found within the black shales of the Thor Project. CEM is committed to demonstrating both technical and economic pathways for potentially establishing an integrated alumina and aluminum supply chain in North America.

Qualified Person

The technical information disclosed in this press release has been reviewed and approved by Gary Billingsley, P.Eng, P.Geo, CPA (Ret.), CEM's Chief Operating Officer, a 'qualified person' as defined under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Cautionary Statements

The Preliminary Economic Assessment (PEA) referenced here is solely preliminary and is based on measured and indicated mineral resources, excluding inferred resources. No economic feasibility has been demonstrated for any mineral resources that are not classified as reserves. The economic analysis in the PEA seeks only to provide an initial conceptual review of the project potential; actual results and economic viability may vary significantly based on numerous factors. Investors should not assume that all or any part of the measured and indicated mineral resources will be converted into reserves through advanced engineering studies.

Testing results cited in this release are based on metallurgical assays and are not necessarily indicative of the results expected at pilot or commercial scale.

For further information, please visit Canadian Energy Metals or access the full qualified technical report on SEDAR+.