"Australian Mines Limited(“Australian Mines” or “the Company”) (Australia ASX: AUZ; USA OTCQB: AMSLF; Frankfurt Stock Exchange: MJH) remains committed to maximising revenue and shareholder value from the Company’s Sconi Project in Queensland, Australia through the commercialisation of the high-purity scandium oxide which is scheduled to be produced alongside the Project’s cobalt sulphate and nickel sulphate output.
Australian Mines is, therefore, pleased to announce that it has entered into a partnership with a United Kingdom -based technology company Metalysis, to support their continued researchand development program around a solid -state process to produce a low-cost yet superior aluminium-scandium alloy for potential use by the automotive and aerospace industries.
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