The Flemington SS uses Sc2O3 at US$1,500,000/t and Cobalt at US$29,500/t where Ni and Co are by-products.
"The global market for Sc2O3 is small and the revenue of US$1.5M/t Sc2O3 has been found to be a key project driver. SRK does note that AUZ is presently in discussions with a number of potential off-take partners, and the outcome of the discussions may influence the price used in any subsequent PFS."
Lot's of assumptions and hope at this point indeed.
This quote is from 2013: "Global scandium consumption was estimated to be less than 10 tons."
Curious to know what consumption predictions are, from today going forward, and how that would influence the SS?
Maybe that's why they are acquiring more projects!
Your thoughts now?
D;
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