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Monday, July 23, 2018 3:19:35 PM
Both Scandium International and Clean TeQ Holdings (ASX:CLQ) have stated that scandium prices are too high to allow for widespread adoption. They’ve also suggested that, in addition to reliable supply, cheaper prices will be needed for the metal to gain more widespread use.
Thus, it’s interesting to take a look at the scandium prices being used in technical reports for scandium projects being developed by junior miners:
Scandium International’s 2016 feasibility study for its Nyngan scandium project in New South Wales, Australia assumes a scandium oxide price of US$2,000 per kilogram.
Clean TeQ’s 2016 feasibility study for its Syerston scandium deposit, also in New South Wales, uses a long-term 99.9 percent purity scandium oxide price assumption of US$1,500 per kilogram.
Platina Resources (ASX:PGM) uses a US$500-per-kilogram scandium oxide price in a prefeasibility study for its Owendale project, released in 2017.
All in all, I'm not very impressed with this source. I don't think these articles are quite written by bots, but they are very basic copy and paste jobs attempting to get readers to purchase "reports". Here's the bio for the author:
Amanda is a creative person who loves to learn and finds adventure in a good challenge. She has a diverse writing background and lends this expertise to support the team with our Evergreen content. In her free time you can find her working on her two side businesses, blogging, reading, and exploring the outdoors.
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