Scandium is the easier of the three for me cause it is the one I hold and dont just watch.
A rare metal whose market has been constrained by the limited supplies and extreme cost. I think most of the current supplies have come from old Soviet stockpiles and are pretty near exhausted.
When combined with Al it forms a super strong very light alloy with reduced corrosion.
Interest from Aerospace where Airbus has had a scandalloy developed for years. Interest from industrial robotics, ships, motor vehicle industry.
Can also be used in fuel batteries such as those Bloom make.
CLQ have finally found a way to process the Sc economically and having achieved (albeit a bit slower than anticipated) 99% purity have sent samples to three MoU partners for testing.
A bit old but here is Kaiser talking about Sc.
http://investingnews.com/daily/reso...dium-demand-scandium-international-pdac-2015/
Neighbouring tenements have Sc but not the processing method. CLQ could probably supply the worlds needs for 40 years. Also have some cobalt on the site. But need offtake agreements b4 commencing. Capex costs around 70m from memory.
A bit off the cuff @Bomber78 do you want to add anything.
- Forums
- ASX - Short Term Trading
- Short Term Trading Weekend Lounge: 8th - 10th Apr
Short Term Trading Weekend Lounge: 8th - 10th Apr, page-55
-
- There are more pages in this discussion • 245 more messages in this thread...
You’re viewing a single post only. To view the entire thread just sign in or Join Now (FREE)
Featured News
Featured News
The Watchlist
EQN
EQUINOX RESOURCES LIMITED.
Zac Komur, MD & CEO
Zac Komur
MD & CEO
SPONSORED BY The Market Online