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Ardea Finds a US$510m Scandium Option at Goongarrie
8:19am on Thursday 12th of November, 2026 AEDT
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Mining
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Ardea Finds a US$510m Scandium Option at Goongarrie
8:19am on Thursday 12th of November, 2026 AEDT
Key Points
US$509.8 million NPV and 59.6% IRR for the proposed scandium recovery circuit
US$73.5 million capital cost and US$16.2 million annual operating cost
Modelled production of 29.96 tonnes per year of scandium oxide
Economics rely on less than 70% recovery and a US$2,000/kg product price
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