Scandium International Mining Corp T.SCY

Alternate Symbol(s): SCYYF

Metals & Mining Industrial Metals & Minerals

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.

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Scandium International Mining Corp > Smart business for the mining business

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Comment by AllDutch1234567on Jan 03, 2022 4:05pm

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Post# 34280012

RE:RE:Smart business for the mining business

signholder2 wrote:

AllDutch1234567 wrote:
Once they proved that the technology (HPA pilot plant) works and all the relevant patents have granted, a new phase for the company starts: growth.

SCY’s CMR-technology will be marketed as ‘profit booster’ for a certain (but common) mine type. If a mine qualifies as a host, it’s a no-brainer.

Once the word gets out, shareholders (of potential hosts) will insist on pursuing SCY’s CMR.

Why a profit booster (for the host)?

• More revenues from the host-mine (longer mine life)

• Lower operating costs (better leaching performance, reduced remediation obligations)

• New revenues from critical minerals sales (HPA, nickel, cobalt, scandium, etc.)

• ESG credits

It will be a huge challenge for SCY to serve all these interested companies: lots of new labor and capital will be required. Etc, etc.

And the best thing: this scenario could unfold in 2022!

Since most of us bought into the scandium oxide mining story... if this is truly the new direction, don't you think we should get an updated financial projection?