Latest Scandium News

Dreadnought Resources is progressing its Star of Mangaroon open pit towards production while nearly doubling high-grade gold resources at Metzke’s Find. The company also extends critical metals potential with strong niobium and rare earth intercepts at Mangaroon.

Australian Mines has fast-tracked its Flemington Scandium Project pre-feasibility study to explore scaling production from 60 to 180 tonnes per annum amid rising market demand. The study builds on a strong scoping study that valued the project at up to US$860 million NPV.

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.

Sunrise Energy Metals is fast-tracking studies to triple scandium oxide production at its Syerston project, aiming to meet soaring global demand and secure supply outside China. The initial 60tpa development targets commercial production in 2028, while the expanded 180tpa plan remains flexible and contingent on market signals.

Brazilian Rare Earths (ASX: BRE) has expanded its Monte Alto District with a new +9 km rare earth corridor at Velhinhas, confirmed by high-grade drilling. Shareholders also backed the A$50 million IPO demerger of the Amargosa Bauxite-Gallium Project into Alurion Resources.

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.

Ardea Resources is pushing forward its Kalgoorlie Nickel Project’s Goongarrie Hub with a fully funded $98.5 million Definitive Feasibility Study, underpinned by multi-jurisdictional government support and strategic partnerships with Japanese industry giants.

West Cobar Metals is gearing up for near-term drilling at its Cobar West copper project in NSW and high-grade scandium zones at the Salazar project in WA, aiming to unlock significant resource potential across both.

Mount Ridley Mines has extended the high-grade scandium footprint at its Block 2 Resource with Phase 1 re-assay results, revealing significant mineralisation beyond current resource limits and setting the stage for resource growth.

RareX Limited’s latest metallurgical program at Cummins Range delivers a breakthrough 9.5x upgrade in rare earth concentrate grade and confirms a viable gallium by-product extraction pathway, setting the stage for integrated multi-element processing.

Hawk Resources has launched an options offer following a $3 million placement, aiming to fund exploration at its scandium and copper projects in Australia and the US.

Rimfire Pacific Mining has engaged UK-based Xcelsior Capital Advisors to support funding, government relations, and marketing for its NSW scandium projects, leveraging Xcelsior’s ties to the Wogen group and global critical minerals networks.