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Scandium International Mining Corp T.SCY

Alternate Symbol(s):  SCYYF

Scandium International Mining Corp. is a mineral exploration and development company. The Company’s advanced project is the Nyngan Scandium Project, located in New South Wales, Australia (the Nyngan Scandium Project), on which it holds a mine lease grant, a development consent, and 100% of the mineral rights. The Nyngan Scandium Project site is located approximately 450 kilometers (km) northwest of Sydney, New South Wales (NSW), Australia and approximately 20 km due west from the town of Nyngan. The Company has a 100% interest in an exploration license (EL 7977) covering the Honeybugle Scandium property. The Honeybugle Scandium property covers over 34.7 square kilometers and is located 24 km from the Nyngan Scandium Project. The property includes four distinct magnetic anomalies: Seaford, Woodlong, Yarran Park and Mallee Valley. The Company's subsidiaries include EMC Metals Australia Pty. Ltd., EMC Metals USA Inc., Scandium International Mining Corp. Norway AS and others.


TSX:SCY - Post by User

Comment by Zerosumon Apr 19, 2022 10:30am
257 Views
Post# 34612994

RE:JK

RE:JK

If you've noticed the tensions between China and Austrilllia lately one might see that Austal which had favourable things to say about the Al-Sc sheets they received from SCY but could not get enough samples because SCY's went into arrears. They could potentially want to use Sc alloys and it would require large amounts. Or you could look at Rio Tinto which by all accounts is selling all of it's Sorel Tracy produced Scandium. Or simply the security of supply concerns hitting all western economies.
Or all three. There are sveral reasons to again become bullish on Nyngan.

AUSTRALIAN CRITICAL MINERALS PROSPECTUS 2021


 

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