Replies to post #39518 on Niocorp Developments Ltd (NB)

[tedro84]

Further to this, the article goes on to mention the $2000 price from the FS that I cited:

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.

[PutzMueler]

Perhaps Tedro can tell you the difference in price between 99.8 and 99.9 purity.

99.80 means a full 10 points lower than 99.9 purity.

This is from their (SCY’s) home page. But he knew that!

“Extraction technology understood. The process consists of high-pressure
acid leach (HPAL), followed by solvent extraction (SX) and calcination/finish,
to produce 99.8% scandium oxide (Sc2O3). The flowsheet represents the traditional solution that has been commonly applied to metal-enriched lateritic deposits for decades.”

So SCY HAS 2 9’s not 3 9’s scandium oxide (Sc2O3).