Ann: AUZ & Metalysis progress to Phase 2 development of scandium, page-3

Australian Mines Managing Director, Benjamin Bell, commented: “I am delighted that we have continued to make progress in our work with Metalysis and explore the potential to unlock additional economic value from scandium oxide to be produced at Sconi.

“By being involved in full end-to-end production this represents an appealing value proposition for our investors as opposed to the more typical mining and shipping ore approach. The fact that our scandium oxide product has been verified as meeting the specifications required to produce a master alloy puts us in an extremely strong position in our negotiations with potential scandium oxide off-take partners.”