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SCANDIUM INTERNATIONAL MINING CORP (SCY)

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Last Post: 2/16/2018 2:19:51 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

 

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#260   Some fantastic news out today which should be Landmark8211111 02/16/18 02:19:51 PM
#259   Russia REEs telemarker1 01/17/18 09:09:08 PM
#258   The geology is simple while the metallurgy is TMLonggun 01/03/18 11:31:10 PM
#257   Yes, but it's important to recognize that we Landmark8211111 01/03/18 11:21:45 PM
#256   If the scandium is just lying there waiting punter75 01/03/18 11:20:00 PM
#255   I agree. It should also be noted TMLonggun 01/03/18 10:55:02 PM
#254   Hey Realtor, the fact is - in order Landmark8211111 01/03/18 08:29:43 PM
#253   Does that pull the rug out from under realtorwsm 01/03/18 07:50:28 PM
#252   NioCorp stock-price increases 90% in a week: Landmark8211111 12/29/17 01:22:42 PM
#251   Is the global need for scandium deminishing? Scandium International realtorwsm 12/14/17 03:20:09 AM
#250   Scandium International Secures Scandium Exploration Property in Finland BL4Nio 09/26/17 12:33:52 PM
#249   No problem, I just call it like it BL4Nio 08/21/17 11:41:49 AM
#248   Irony...yes he was...down right commical! Glad I make realtorwsm 08/11/17 04:29:35 PM
#247   That broker is an idiot if he said BL4Nio 08/11/17 04:20:50 PM
#246   Just heard from a broker that SCYYF (NASDAQ:US) realtorwsm 08/11/17 03:09:56 PM
#245   Waiting on proceeds from that other one to realtorwsm 08/11/17 12:10:50 PM
#244   Thanks for the update! realtorwsm 08/11/17 10:46:53 AM
#243   I should also add, that the company is BL4Nio 08/11/17 10:23:21 AM
#242   You're welcome. I think it all comes BL4Nio 08/08/17 10:57:47 AM
#241   Thanks for posting feasibility study! This stock realtorwsm 08/04/17 10:47:17 AM
#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.. Chaka 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? Chaka 08/31/16 04:53:35 AM
#211   Magnesium-Scandium alloy retains memory - article details new Kaseymoe 08/11/16 12:54:41 PM
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