Rimfire Pacific Mining (RIM) is at the forefront of a massive investment opportunity, driven by its emerging leadership in the scandium market. Scandium is a critical mineral with soaring demand due to its unique ability to enhance the strength, heat resistance, and lightweight nature of aluminum alloys, which are essential for industries like aerospace, automotive, and renewable energy. As global trends push toward decarbonization and lightweight materials, scandium will play a pivotal role in future manufacturing processes.
RIM’s scandium resource at its Melrose and Murga North projects is a true game changer. With over 5,170 tonnes of scandium oxide already defined and potential for further expansion, this positions RIM as one of the largest scandium holders globally. The potential growth from continued exploration is immense, and RIM’s early advantage in an industry that’s still in its infancy but poised for rapid expansion is significant. With limited global supply, RIM's substantial resource and its growing production capacity place the company in a unique position to dominate this critical sector.
In the near term, investors should focus on the catalysts that are set to drive RIM’s share price higher. These include additional drill results and resource expansions at Melrose and Murga North, which are likely to confirm the massive scandium potential. Furthermore, as RIM moves closer to securing partnerships or offtake agreements with companies in the aerospace and electric vehicle sectors, the stock is expected to re-rate significantly upwards. The removal of legal uncertainties and the achievement of key operational milestones will further contribute to these upward share price movements.
With the combination of resource growth, rising scandium demand, and progress toward production, RIM’s share price is poised for a significant jump in the short term, potentially reaching 20c. Longer term, as the company gains deeper market penetration and ramps up scandium production, there’s a clear path toward a share price of over $1. This reflects the enormous value RIM's projects hold.
RIM is positioning itself as a leader in the emerging scandium market, a sector with explosive growth potential. With its significant resources, early mover advantage, and increasing demand for scandium in critical industries, RIM stands to benefit from both short-term and long-term growth. Investors looking to capitalize on the next critical minerals boom should be paying close attention to RIM as it steps into a leading role. In short, RIM represents a rare opportunity for substantial share price appreciation, driven by its massive scandium resource and the rapid global demand surge. Now is the time to take advantage of this emerging market leader.
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Scandium: The $20 Billion Dollar (PLUS) Opportunity – Rimfire’s Path to Greatness, page-138
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Last
1.8¢ |
Change
0.001(5.88%) |
Mkt cap ! $45.32M |
Open | High | Low | Value | Volume |
1.8¢ | 1.8¢ | 1.8¢ | $11.70K | 650.0K |
Buyers (Bids)
No. | Vol. | Price($) |
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2 | 41264 | 1.7¢ |
Sellers (Offers)
Price($) | Vol. | No. |
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1.8¢ | 645911 | 1 |
View Market Depth
No. | Vol. | Price($) |
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2 | 41264 | 0.017 |
1 | 1000000 | 0.016 |
2 | 838000 | 0.015 |
1 | 500000 | 0.014 |
1 | 76922 | 0.013 |
Price($) | Vol. | No. |
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0.018 | 645911 | 1 |
0.019 | 1014703 | 2 |
0.020 | 23810 | 1 |
0.021 | 337014 | 3 |
0.022 | 1375000 | 2 |
Last trade - 13.16pm 20/06/2025 (20 minute delay) ? |
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