Scandium International Mining Corp T.SCY

The Phoenix HPA-project is scalable: 2X+

[AllDutch1234567]

SCY has updated their corporate website, it now includes CMR. 

https://scandiummining.com/

This is the page on CMR

https://scandiummining.com/projects/phoenix-critical-metals-recovery-project/
 
About HPA recovery

• Production:  2,500tpy HPA or equivalent.
• Estimated Capital Cost (100%):  US$70M
• Estimated EBITDA (100%):  US$42M
• The project is scalable (2X+) beyond this initial size, based on marketplace demand

Also
Phoenix Mine can anticipate additional benefits from this project, including improved mine valuations, reserve life extensions, cleaner tailings, and potentially lower reclamation expenses.

It shows the enormous potential of SCY's 'CMR business' - it's extremely profitable, both for SCY and NGM, and the many other mine-hosts to come. To me this also makes clear that the HPA process at NGM works.

Maybe good news coming soon...

[northmark]

"A construction decision is estimated for Q1 2023, based on positive pilot results in 2022" 

[northmark]

"SCY will lead marketing and sales program for HPA." George is going to need some bodies and lots of cash. 

[AllDutch1234567]

So why don't they just double the HPA project production scenario, from 2,500 tpy to 5,000?  I think SCY would prefer HPA+CMR (cobalt, nickel, zinc and scandium) over 2 times HPA. It's because of scandium from CMR and how that may help to get Nyngan into production. But also because of rising comodity prices (select the 5Y chart view). Exciting! https://tradingeconomics.com

[northmark]

Thanks for the update Alldutch. 

[Zerosum]

Agree it states Q1 2023 for final on site plant construction. So with six weeks left in Q1 2022 I think we have a green light from he first six months of bench scale research - in other words results are good to date and further scaling is warranted. Also this is a cash cow if it scales even 1/2 of what it should by 2023. Market should start to price in a favourable outcome and potential future

[Zerosum]

Correction, Agree it states Q1 2023 for final on site plant construction desicion.

[northmark]

A few hurdles yet. Financing? Or does George want the patent in his hands before any major comitment? Or who ever is financing this wants confirmation of the patent grant. Fun times for sure. I think Zero is right, we watch share volume.