Standalone Scandium Mine Potential in MRR’s Newly Acquired NSW Project
PUBLISHED: 14-05-2018
.................. These encouraging results come at an excellent time in regards to the commodity price cycle. Speciality and base metals are in an up cycle that is gaining momentum. The cobalt price, for one, has just hit a decade-high US$95,000/t on the London Metal Exchange.
There is a sharp increase in demand for specialty metals like cobalt and scandium, thanks to their use in lithium-ion batteries and the new technologies powered by these rechargeable batteries. Certainly if Boeing has a vested interest, scandium and thus MRR could take flight sooner rather than later.
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Ann: Legacy Metallurgical Test-Work Highlights, page-2
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