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Australian Mines Confirms US$860M NPV for Flemington Scandium Project
1:22pm on Friday 8th of May, 2026 AEST
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Mining
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Australian Mines Confirms US$860M NPV for Flemington Scandium Project
1:22pm on Friday 8th of May, 2026 AEST
Key Points
Post-tax NPV8 of US$860 million at US$3,000/kg Sc₂O₃
28-year mine life with high-grade scandium feed
Initial capital cost estimated at US$125 million
Breakeven scandium price at US$815/kg with 90.8% recovery
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