InvestorsHub Logo
Followers 3
Posts 761
Boards Moderated 0
Alias Born 03/13/2015

Re: Landmark8211111 post# 60621

Thursday, 04/30/2020 1:27:19 PM

Thursday, April 30, 2020 1:27:19 PM

Post# of 112589
From Investing News:
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.
For NioCorp Developments’ Elk Creek niobium project, scandium is a co-product, along with titanium dioxide. Based on a study from OnG Commodities, the company states in its feasibility study that it expects scandium prices to rise slowly, reaching $4,000 per kilogram by 2020 due to greater demand than supply. It then sees prices falling again as a result of oversupply from new western operations cropping up between 2021 and 2025.
There are a number of variables involved, so only time will tell if these predictions come to fruition. What do you think will happen with the scandium price?
Volume:
Day Range:
Bid:
Ask:
Last Trade Time:
Total Trades:
  • 1D
  • 1M
  • 3M
  • 6M
  • 1Y
  • 5Y
Recent NB News