Latest Scandium Recovery News

RareX has moved Cummins Range through key permitting and heritage milestones, while stronger metallurgical results broaden the project’s critical-minerals potential. But the explorer’s annual loss widened to A$5.07 million, cash burn remained high and its going-concern assessment still depends on future funding and project development.

Rimfire Pacific Mining has expanded its NSW scandium inventory and reported preliminary leach results that could support a simpler extraction route. But the ASX explorer ended FY2026 with $583,770 in cash, negative working capital and an auditor-highlighted material uncertainty over its ability to continue as a going concern.

Mount Ridley Mines has used its FY2026 annual report to put scale and processing progress at the centre of its Grass Patch story, including a post-year-end scandium resource upgrade to 946.1 million tonnes. The company remains loss-making and pre-production, but September testwork reported approximately 92% scandium recovery and average heavy rare earth recovery of about 84%.

Mount Ridley Mines says its third Selectro™ leach test lifted scandium recovery to 91.8% while using roughly half the reagent dose of earlier tests. Heavy and light rare earth recoveries also improved, although gallium recovery fell sharply.

Axel REE has reported a major leap in metallurgical testwork at its Caladão Project in Brazil, achieving up to 95% gallium and 74% scandium extraction from a Tiger Creek composite sample. The results mark a significant step in developing alternative gallium recovery methods beyond traditional by-product sources.

Clean TeQ Water has landed a substantial Front End Engineering Design contract with Sunrise Energy Metals for the scandium recovery circuit at the Syerston Scandium Project, potentially worth A$5.4 million. The deal advances the engineering design following successful preliminary testwork and highlights Clean TeQ’s growing role in critical metals processing.

Terrain Minerals has reported metallurgical leaching results from its Larin’s Lane Prospect showing rare-earth element recoveries up to 99% using methanesulphonic acid, alongside promising scandium and gallium extraction, setting a technical foundation for resource development.

West Cobar Metals is broadening its scandium exploration at Salazar by adding the Benriach Prospect to its Q4 2026 air-core drilling program, aiming to tap near-surface scandium enrichment and higher-grade zones within its existing resource.

Australian Mines is poised to kick off a key drilling campaign at its Flemington Scandium Project, aiming to expand its already impressive resource and support plans to triple scandium production amid tightening supply.

West Cobar Metals is fast-tracking its scandium exploration at the Salazar Project in Western Australia, targeting higher-grade zones with aircore drilling planned for late 2026 alongside advancing metallurgical testwork.

West Cobar Metals made progress on its Salazar scandium and Cobar West copper projects during the June quarter, while deciding not to proceed with its Baxter Fluorspar acquisition and securing $1.05 million in new funding.

Ardea Resources pushes back the completion of its Kalgoorlie Nickel Project DFS to pursue optimisation opportunities, while securing strong multi-level government backing and maintaining a robust financial position.