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Bullboard - Stock Discussion Forum 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... see more

TSX:SCY - Post Discussion

Scandium International Mining Corp > NEWS Another HPA patent filed - a CMR-deal is getting close!
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Post by AllDutch1234567 on May 27, 2021 8:20am

NEWS Another HPA patent filed - a CMR-deal is getting close!

Scandium International Files for Patent Protection on High Purity Alumina Manufacturing Process

RENO, NV / ACCESSWIRE / May 27, 2021 / Scandium International Mining Corp(TSX:SCY("Scandium International" or the "Company") filed a final patent application with the US Patent Office earlier this month, pertaining to the manufacture of high purity alumina products ("HPA"). The patent application outlines methods, chemistries, processes, and flowsheet design for the manufacture of an HPA product, grading 4N+ purity (99.99%, or better), from either aluminum-containing solution feedstocks, alumina powders, or alumina precursor feedstocks. This application represents a final submission for review and consideration of an award of acceptance and grant.

It is the Company's intent to pursue a business in high purity alumina, and to employ the designs and methods contained in the patent application to manufacture HPA, for application in both the LED lighting industry and the lithium-ion battery industry.

HIGHLIGHTS - "Process for the Preparation of High Purity Alumina"

  • Final application filed May 17, 2021, for US Patent Office examination.
  • Defines methods for refining aluminum feedstocks to HPA product standards.
  • Includes a multi-step process flowsheet, driven initially by acid leaching.
  • Employs solvent extraction, ion exchange, and other processes to achieve 4N+ HPA product grades.
  • Utilizes a closed loop reagent recycling system that generates extremely low levels of process residues and disposable waste, depending on aluminum input source.

George Putnam, CEO of Scandium International Mining Corp. commented:
"
HPA is becoming more widely recognized as a critical ingredient in a high-energy density lithium-ion battery. HPA is also predicted to remain in supply deficit for much of the next decade, provided the EV markets grow as forecast. The projects we have assembled now, using ion exchange recoveries from copper raffinates (CMR), and solvent extraction/ion exchange recoveries for HPA, can generate a suite of critical metals specifically suited for use in a lithium-ion battery. Market demand timing for these products is excellent. Furthermore, these projects can be located in USA/Canada, and they can produce products from existing feedstocks without creating a new mine footprint."

DISCUSSION:
High purity alumina represents a new product target for SCY, although one that has been under consideration by the Company for several years. SCY's recent focus on critical metals recovery ("CMR") from copper raffinates, and other acidic processing solutions in mining applications, raised the prospect of also extracting aluminum from these same solutions. This opportunity formed the basis of a separate provisional HPA patent in May 2020, with recovery and purification concepts tailored to high purity HPA product. The May 2021 HPA final patent application now includes HPA technology production claims related to a wider array of mine-based acidic solution aluminum sources, along with claims for producing HPA from smelter-grade alumina powders, and from alumina precursor feedstocks as well.

The specialty metals and chemicals industries fully understand the challenge of consistently making products that meet the high purity standards required in electrical and semi-conductor applications. These high-quality standards are then generally matched by stronger pricing and higher product margins, which is certainly the case for HPA over common smelter-grade alumina. This opportunity reflects the very high value applications for HPA today, specifically:

  • LED lighting components. HPA is the foundation for synthetic sapphire manufacture, forming substrates for LED lights, and also for certain semiconductor wafers.
  • Scratch-resistant glass. Synthetic sapphire is used to form scratch-resistant lenses for wristwatch faces, optical windows, and smartphone components.
  • Lithium-ion batteries (LiB's). HPA is applied as a protective coating on separators in LiB's, adding performance, longevity, and safety to high power-density battery configurations. HPA will very likely be used for similar reasons in future solid-state electrolyte and electrode designs.

The Company plans to pursue an HPA development program, including confirmation of both detailed technical production steps and positive initial financial projections, with the intent to enter the HPA business. The HPA effort will focus on Europe and the USA/Canada, both as to markets and production location. HPA initiatives may or may not involve partnering efforts with other companies, depending on the aluminum feedstock source, and other project or partner specifics.

The HPA project effort will be pursued in parallel with our efforts to secure a copper mine host for a project to develop our CMR program, as previously reported.

It is the Company's intent to add a series of related metal recovery business opportunities alongside the Nyngan Scandium Project, which has otherwise been SCY's primary project and product focus. This change reflects a marketplace priority for production of identified critical metals from new, local sources. Scandium is clearly identified as a critical metal, but it finds nickel and cobalt companions in many orebodies. That fact, along with the Company's CMR capability, has broadened the immediate product opportunity for SCY. This strategy reflects SCY's desire to build a suite of projects that can deliver products tailored directly to lithium-ion battery markets, and specifically to battery components that have application in the electric vehicle industry.

SCY's critical metals recovery programs, including scandium and now HPA, are supported by a series of patent-protected processes and pending protections, filing-date preserved. With these process technology underpinnings in place, and projects scoped, the Company is in position to undertake advanced HPA development and piloting, and to work with project partners, where we require or desire them.

Comment by AllDutch1234567 on May 27, 2021 8:54am
The fact that SCY now links its strategy to the (exploding) EV market is almost a guarantee of success. The hard times will be soon over!!!! In today's news release: "It is the Company's intent to add a series of related metal recovery business opportunities alongside the Nyngan Scandium Project, which has otherwise been SCY's primary project and product focus. This change ...more  
Comment by Zerosum on May 27, 2021 9:29am
Everyone needs to appreciate that this HPA news and recent patent filing - effectively slays the Chicken & Egg paradox plaguing SCY for a decade. There is a 2 billion dollar market place for HPA already and SCYU does not need the go ahead from the other side of the table. Well Done GP. The News Release was also written better than most -could still be more assertive, but it is to some extent.  ...more  
Comment by northmark on May 27, 2021 9:53am
From obscurity to mainstream! This is a completely different company than the one I initially invested in.
Comment by SiteSearch on May 27, 2021 10:31am
Absolutely horrible news!! Does this mean that now our potential HPA partners will be waiting in the wings for a year to make sure this patent is granted!  That's what our CMR partners were doing three weeks ago... That blows my 6 month prediction to smithereens
Comment by AllDutch1234567 on May 27, 2021 11:10am
Relax SiteSeardh, let's dig in the news release. "With these process technology underpinnings in place, and projects scoped, the Company is in position to undertake advanced HPA development and piloting, and to work with project partners, where we require or desire them". Do they really need a partner? I say, they don't! So, what are u afraid of?
Comment by SiteSearch on May 27, 2021 2:42pm
I'm afraid/worried that we're going to get more of the same... Flurry of news releases (two so far this month?!) and then a whole bunch of silence...  Now our excuse will be that the HPA partners (the source of the feedstock?) will wait one year to make sure that SCY is the correct patent holder? So much potential, never the bride
Comment by Zerosum on May 27, 2021 3:17pm
There is patent protect as soon as you file. I belive it's one year protection from date of filing. Might be more. So they can go on HPA now, no need to wait. The HPA space already has hundreds of potential fabricators and end users as customers. Still early here, but HPA addictive manufacturing is a monster. The Addaitive space is booming as ESG gains momentum. The other thing to consider is ...more  
Comment by SiteSearch on May 27, 2021 4:09pm
That's not what we were saying three weeks ago on this Board - three weeks ago we were saying that our CMR partners, presumably Freeport, are waiting for the patents to be confirmed to truly be in the hands of SCY...  Now we're not going to use that same argument for HPA before they grant us access to their raffinate for economic purposes?  We might not, but SCY might...  ...more  
Comment by northmark on May 27, 2021 9:30pm
It's my understanding that the patent application is is non public fo 12 months, there is no protection of intellectual property just a documented first to file advantage. 
Comment by Zerosum on May 28, 2021 12:20am
SS, SCY controls this not Freeport nor any other party. How so? You can make HPA from a CMR stream like those Freeport have it that case yes it's out of SCY's control. Or they can readily buy their own SGA (Smelter Grade Alumina) on the open market. From which SCY can extract HPA. So you see, they do not need anyone to agree to a deal to acquire SGA and make HPA. (other than a funding ...more  
Comment by SiteSearch on Jun 08, 2021 8:19pm
Previous flurry of news releases were about three last time... and we've done three now... so now we wait for 9 more months for something again?
Comment by AllDutch1234567 on Jun 09, 2021 6:35am
Seems like your worst fears lie in anticipation. Absolutely no fundamentals here that support your assumptions!
Comment by northmark on Jun 09, 2021 9:49am
That's the problem with SCY all we have are assumptions. If in fact we are working with Barrick then where is the MOU? 
Comment by shano1986 on Jun 09, 2021 12:13pm
100% Northmark. most of the new releases that came out were on the downlow and they still dont seem to care about the actual fundamentals of the company. Things have changed but i think we are still the same old SCY that will go into hybernation.
Comment by Zerosum on Jun 09, 2021 4:50pm
Not investment advice. I am not responsible for any investment decisions you may make. Please seek investment counsel before making any investment decisions from a registered investment advisor. Please do your own due diligence. I am not recommending to anyone they buy or sell SCY Like Peter in the video below CO2 is work peter does, so what if Peter does no work or produces no CO2? https:/ ...more  
Comment by AllDutch1234567 on Jun 10, 2021 12:46pm
You talk about hibernation!? Have you ever tried to start up a multi-million dollar company? If the answer is no, I suggest you shut up ;-)  
Comment by OgnyQ4 on Jun 10, 2021 1:42pm
" SHUT UP" - predictable "suggestion" from PUTHNAM, PUTIN................... that was posted 4 years ago from a loyal shareholder..... https://stockhouse.com/companies/bullboard?symbol=t.scy&postid=26354135
Comment by shano1986 on Jun 10, 2021 4:45pm
Thanks ogny. I have been very patient and holding for a very long time. I have a substantial position with scy (relative to my situation) and would appreciate some transparency. At this point I would have been better off tossing my money into Mc Donalds stock.
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