Rio Tinto and SCY: 1 + 1 = 3Rio Tinto has some big advantages over SCY in the marketing/sales areas. They have all the qualities needed to develop the scandium market: solve the chicken and egg problem, so to speak.
These advantages are:
- The Rio Tinto brand: reputation and trust
- A huge customer base: with SCY’s bubble-chart in hand, it's easy to target the right customers
- Product ready for delivery: available from June 2021
- Resources, execution power: the money and people to make things happen
They will have filled their order book in no time. Their only problem: they don't have enough scandium, they need more. Sounds familiar? And that’s where SCY comes in. They will also benefit from SCY’s knowledge and patents to produce higher quality product, more efficiently.
I would think: the ideal marriage.