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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 northmarkon Feb 05, 2021 10:52pm
132 Views
Post# 32491706

RE:RE:public service announcement

RE:RE:public service announcement
OgnyQ4 wrote:
So SCY is dead! Long live scandium!
 
Do you know that :   
          
  • Alcan was a Canadian mining company and aluminum manufacturer......It took the name Alcan Incorporated in 2001. During that time, it grew to become one of the world's largest aluminum manufacturers.          Alcan was purchased by Australian-British multinational Rio Tinto for $38 billion in 2007, becoming Rio Tinto Alcan Inc. in 2008. It was headquartered in Montreal, in its Maison Alcan complex.
 
Do you know that :                
  • ALCERECO  operates out of the Grafoid Global Technology Centre in Kingston, Ontario that was  founded by Alcan Aluminum . 
 
Do you know that:                        
  • David Johnson is executive at ALCERECO.
HE was NOT presented in this quality here : https://register.gotowebinar.com/register/1000397651450860290
David Johnson works for Alcan Aluminum for 13 years.
 
Do you know that:
  • ALCERECO Advanced Materials Specialists(most of them  former employees at Alcan Aluminium) ... participates at EVERY steps, at every signal detail (actually they lead the processes....) during  THE 5 years long SCY's WORK to development :
- scandium oxide ,
- Aluminium - Scandium master alloys ,
- technical work with LOIs(all of them.)
 
de jure- Scandium and ALCERECO are two different companies,
de facto - for aluminum - scandium applications they are NOT DIFFERENT companies.
 
So for what, was/is this Scandium International story about???
 
It was/is :
  1. -it was never about SCY(the company)
  2. -occasionally it was about scandium. (the metal)
  3. -actually it was all about Aluminum. 65 million tons of aluminum are produced worldwide per year. 130 billion dollars industry.
 
SCY International works like not-for-profit ORGANIZATION. Organized and operated for an ALUMINUM BENEFIT.
 
 
BUT HWO WILL HAVE THE BENEFITS???
 
 
  • So, Here they come:
".....Rio Tinto and the Quebec government have announced the development of the first scandium oxide plant in North America. The commercial-scale demonstration plant, which is already under construction... "
 
 
Now You know , what I know.
 
PS :
Do someone still believe that Rio Tinto will pay 100 MILLION DOLARS(todays market cap.) for something that they already know. ….More for something that they “create” themselves?
WHY someone else would buy SCY?
 
 
 
Now You know , what I know!
all in my opinion..........

 


So if I'm reading this right (not sure if anyone can)  Rio Tinto will be the only supplier of scandium or related alloy? SCY is dead? If
indeed Scandium benefits and advantages surpass the economics then the market will need a dozen Nyngans! 
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