Scandium International Mining Corp T.SCY

Interesting

[ARIMA11]

https://ceo.ca/scy?58887e1928b5 - Thanks @North.mark

https://www.elementnorth21.com/global-supply/

Securing the supply chain
Currently in the early stages of development, the Element North 21 plant has the capacity to produce 3 tons of scandium oxide annually, which represents about 20% of the global supply.

https://scandiummining.com/site/assets/files/3480/scandium_mining_presentation_october_2022.pdf

(P 6)
Nyngan can accelerate the supply of scandium to the market Nyngan Phase 1 with 38 tons is positioned to be the first primary large scale scandium supply source in the western world when the market conditions merit

https://scandiummining.com/site/assets/files/3480/peter_evensen_speech_given_at_the_1st_international_sc.pdf

Our 2016 Definitive Feasibility Study (or DFS) shows for approximately $90mm we can build a 38 tonne per annum primary scandium mine with a 20+ year mine life that exploits less than 25% of the NI 43-101 resource! I

For the purposes of clarity, the mental figure we use in board discussions when outlining that level of materiality is approximately 50% of production or ~20 tonnes per year.

And for scandium to achieve its full market potential, it won’t just come from innovative companies targeting their existing waste streams as Rio Tinto has done for 3 tonnes and soon to be 12 tonnes per annum, there will be a need for deposits like Nyngan to be producing.

[ARIMA11]

So $90M can build a 38 tonnes per annum mine... And Government of Canada  https://www.riotinto.com/fr-CA/can/news/releases/2022/Rio-Tinto-partners-with-Government-of-Canada-to-decarbonise-RTFT-and-boost-critical-minerals-processing Increasing scandium production   After becoming the first North American producer of scandium, a critical mineral used in solid oxide fuel cells and