SureTrader
Nadex Advertisement
Interactive Brokers Advertisement
Home > Boards > Canadian > Mining/Resources >

SCANDIUM INTERNATIONAL MINING CORP (SCY)

SCY RSS Feed
Add SCY Price Alert      Hide Sticky   Hide Intro
Moderator:
Search This Board: 
Last Post: 6/21/2017 2:19:23 PM - Followers: 16 - Board type: Free - Posts Today: 0

About Scandium International Mining Corp:

There has never been a commerically viable source of scandium. Until now. Scandium, just like niobium before it, has the potential to create an entire new mining sector.

Scandium International Mining Corp., formerly EMC Metals Corp., is a specialty metals mining company focused on specialty metal and mineral properties, specifically scandium. The Company’s operational focus is on its 100% controlled Nyngan Scandium project and its 100% owned Tordal Scandium property. The Nyngan Scandium resource is located approximately 500 kilometers northwest of Sydney, Australia. The property consists of two exploration licenses, EL 6009 and EL 6096, which encompass over 9,000 hectares (29.6 square kilometers). The Company controls exploration ground in southern Norway, (the Tordal scandium/REE property), and also in central Norway (Hogtuva beryllium/scandium property). These Norwegian properties also targets for other specialty metals, such as yttrium, beryllium, tin, and tantalum, as well as various rare earth elements.

43-101: 12 million tonnes grading 261 ppm near surface with a gross value of over six billion dollars at $2k/kg.

PEA HIGHLIGHTS:
  • Capital cost estimate for the Project is US$77.4 million,
    Operating cost estimate for the Project is US$636/kg scandium oxide,
    Oxide product volume is 35,975 kg per year,
    Project Constant Dollar NPV10% is US$175 million, (NPV8% is US$217 million),
    Project Constant Dollar IRR is 40.6%,
    Oxide product grades of 97-99% are estimated, and
    Scandium recovery estimate is 84.3%.

www.ScandiumMining.com

What is Scandium?

Scandium is a rare element that has unique and useful properties that can be refined into scandium metal and oxide powders which are used in a variety of rapidly growing industries including Bloom Energy's Bloom Box. It's primary uses are as an integral component in high performance fuel cells and as an aluminum alloy that greatly enhances strength.  The Russians use scandium for high performance aerospace aplications, specifically for MIG jets and spaceship components.  They reserved the scandium for the military due to its rarity.  The airline industry world wide would love a stable source of scandium to reduce weight of their aircraft, increase the strength and improve perfomance and fuel effiencey.  The auto industry may also be interested in scandium as they already use niobium to strengthen and lighten steel frames, and Sc functions in a similar manner with aluminium, which Ford is now heavily popularizing with their new aluminum frames.  Scandium is also used in the production of flying drones, firearms, performance tools, and in sports accessories like golf clubs. Scandium is also used in a variety of new budding technologies including lighting and applications that call for increased conductivity in aluminum.  New uses are being discovered for it every year.  If there was as supply of cheap, stable scandium it would be used in many things.  The future for scandium and those controlling the first producing mines could create a multi-billion dollar market from almost nothing.

http://education.jlab.org/itselemental/ele021.html

 

SCY
Current Price
Volume:
Bid Ask Day's Range
  • 1D
  • 1M
  • 2M
  • 3M
  • 6M
  • 1Y
  • 2Y
  • 3Y
  • 5Y
SureTrader
PostSubject
#240   Found this little nugget of overlooked, but great BL4Nio 06/21/17 02:19:23 PM
#239   Scandium International Consolidates 100% Ownership of Nyngan Scandium Project BL4Nio 06/15/17 12:21:16 PM
#238   FYI Honey Bugle. 80% ownership here as BL4Nio 05/29/17 02:22:40 AM
#237   They could also expand production capacity at Nyngan BL4Nio 05/29/17 02:11:31 AM
#236   Mine life is 21 years. This is because Dutch123 05/22/17 06:32:42 AM
#235   Hello, can some one tell me what the Nioman 05/20/17 06:00:03 AM
#234   BTW the 200 million CAD is not correct. Dutch123 05/16/17 06:12:47 AM
#233   Husker, Dutch123 05/16/17 05:54:20 AM
#232   SCY owns 80 percent of a 200 NPV Husker1854 05/09/17 09:22:49 AM
#231   re:"Mining Lease Grant " apostrophe 05/08/17 06:07:22 PM
#230   Scandium International Mining Corp. Receives Mining Lease Grant BL4Nio 05/05/17 10:03:28 AM
#229   One more rubber stamp mining license to go, TMLonggun 03/07/17 09:24:28 PM
#228   Financing on very good to excellent terms is TMLonggun 03/07/17 08:27:39 PM
#227   March 2, 2017 (Source) — Scandium International Mining TMLonggun 03/06/17 05:50:39 PM
#226   John Kaiser's Top Picks: March 6, 2016 douginil 03/06/17 05:13:53 PM
#225   John Kaiser iterview discussing the scandium boom he Kaseymoe 02/04/17 05:37:25 PM
#224   News: Scandium International Announces Receipt of a BL4Nio 11/16/16 11:14:12 AM
#223   Great news! They got the "Ministerial Development BL4Nio 11/10/16 04:29:53 PM
#222   Something is up. Up to $0.19 CD Photonics_Guy 11/10/16 10:38:17 AM
#221   It is a dead period that will likely TMLonggun 10/14/16 05:56:51 PM
#220   TM. I appreciate your candor, and sharing of 03A3 10/14/16 09:40:41 AM
#219   In my opinion they have muted interest in TMLonggun 10/13/16 05:05:27 PM
#218   TM. Thanks for responding, but your reposting of 03A3 10/13/16 11:59:21 AM
#217   Not sure who are speaking to but in TMLonggun 10/12/16 10:01:41 PM
#216   Has anyone heard any news at all in 03A3 10/12/16 08:56:30 AM
#215   This should help you out alot... BL4Nio 08/31/16 05:47:20 PM
#214   Thanks for clearing it up.. chakalalaBoom 08/31/16 04:50:51 PM
#213   SCYYF is the symbol on the OTCBB. BL4Nio 08/31/16 04:43:32 PM
#212   So, is SCY ONLY on TSX? chakalalaBoom 08/31/16 04:53:35 AM
#211   Magnesium-Scandium alloy retains memory - article details new Kaseymoe 08/11/16 12:54:41 PM
#210   All quiet on this SCY board for two Kaseymoe 08/10/16 10:09:11 AM
#209   Here's a blog from Greg Klein remarking on Photonics_Guy 06/20/16 06:31:05 PM
#208   Hey Folks - I prepared some financials Photonics_Guy 06/20/16 02:29:23 PM
#207   http://investorintel.com/technology-metals-intel/putnam-now-on-fast-track-to-wor TMLonggun 06/01/16 06:05:24 PM
#206   Recent articles and reports on the scandium theme: Kaseymoe 05/18/16 12:00:52 PM
#205   Old: PEA HIGHLIGHTS: TMLonggun 04/20/16 06:44:41 AM
#204   I think the tagline they use repeatedly is TMLonggun 04/20/16 06:40:15 AM
#203   Here's a March 2016 article in Proactive Investors Kaseymoe 04/12/16 10:40:28 AM
#202   Shoudln't the BFS be out by now? SagittariusA 04/12/16 03:48:01 AM
#201   SCY has a booth at PDAC http://www.pdac.ca/convention/programming/investors-exchange?startsWith=s SagittariusA 03/08/16 02:39:57 AM
#200   Why did SCY go up 41%? I see TMLonggun 03/07/16 07:52:25 PM
#199   Thanks futrcash for you positive thoughts. Dutch123 02/10/16 07:33:43 AM
#198   thanks- I've had several long conversations with George Putnam futrcash 02/06/16 10:23:42 PM
#197   Article posted Jan 15, 2016 douginil 01/16/16 12:22:29 PM
#196   Looking good today :-) SagittariusA 01/05/16 02:36:11 PM
#195   Hi longgun, thanks for your analyses and observations! Dutch123 12/15/15 04:53:06 PM
#194   Clean TeQ's Resin-In-Pulp pilot plant for scandium extraction TMLonggun 12/11/15 03:18:36 AM
#193   As far as I know they would use TMLonggun 11/17/15 04:25:29 AM
#192   What type welding or joinery is used with Kaseymoe 11/15/15 11:45:55 PM
#191   The current Gold report talks about Australia's firm douginil 10/22/15 11:09:06 PM
PostSubject