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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

Post by AllDutch1234567on Mar 02, 2021 9:27am
174 Views
Post# 32693519

My takeaway from the 10-K

My takeaway from the 10-K
SCY is becoming a critical metals, LIBs techology and mining company
 
Scandium offtakes remain top priority: the Company continues to pursue scandium product customers for offtakes, either from critical metals projects or from the Nyngan Scandium Project product. 
 
They need capital to start the construction of Nyngan in 2021. Those scandium offtakes maybe a lot closer than we think.
 
Multiple CMR partners, they are now figuring out which site is the best economic demonstration for IX technology.
 
Growing importance of IP. Those 4 secretive patent applications must be extremely valuable and critical to the companies goals in the near future.
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