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scandium

Jul 15, 2020
State puts its money behind Sconi start

State puts its money behind Sconi start

The Queensland Government is providing a financial leg-up for the  $1.4 billion Sconi cobalt-nickel-scandium project in North Queensland. The amount involved remains confidential and it comes with a range of conditions, including that Sconi developer Australian Mines completes construction by July 2023. The State financial support package comes after the Queensland Government last year grante...

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Jun 19, 2020
Sconi processing delivers high-purity samples

Sconi processing delivers high-purity samples

Australian Mines says it has successfully completed production runs of battery-grade cobalt sulphate and nickel sulphate with ore from its Sconi project, near Greenvale. Demonstrating its ability to produce high-purity samples supports ongoing offtake negotiations for the planned $1.4 billion cobalt-nickel-scandium operation. Australian Mines said today it was continuing to make good progress on t...

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May 15, 2020
Sconi study delivers new nickel and cobalt targets

Sconi study delivers new nickel and cobalt targets

Australian Mines has identified 14 new nickel and cobalt exploration target areas within and adjacent to its Sconi project, near Greenvale in North Queensland. Managing director Benjamin Bell said the company’s primary focus remained on securing binding offtake and financing agreements for Sconi. However the new targets showed there was still a lot that it… This content is for iQ Indu...

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Apr 14, 2020
Sconi mining project proponent raises $1.45m

Sconi mining project proponent raises $1.45m

Sconi mine developer Australian Mines says it has received firm commitments from a UK-based investor for a share placement to raise $1.45 million. The funds would be used to produce battery-grade nickel sulphate and cobalt sulphate samples for potential offtake and financing partners, and for general working capital, the company said. “The commitment to invest $1.45 million… This content is...

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Nov 06, 2019
Sconi centre stage in 2020

Sconi centre stage in 2020

Australian Mines will sharpen its focus on its $1.4 billion Sconi project in 2020, with plans to close an office in New South Wales as it continues to pursue the North Queensland development. Managing director and chief executive officer Benjamin Bell issued a business update in the lead-up to the company’s November 19 AGM. “The primary… This content is for iQ Industry Quee...

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Oct 22, 2019
Australian Mines keen to start Sconi

Australian Mines keen to start Sconi

Australian Mines says it has stepped up funding negotiations for its Sconi battery metals project in North Queensland ‘to progress project construction as soon as possible’. Managing director Benjamin Bell made the comment in the company’s quarterly report, highlighting the significant milestones achieved over the past few months. He also spoke of Les Guthrie joining… This...

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Aug 29, 2019
Greenvale explorer targets Sconi-style deposit

Greenvale explorer targets Sconi-style deposit

Ausmon Resources has started field exploration work at tenements 40km north-west of Greenvale, where it is targeting Sconi-style mineralisation. Ausmon said the initial exploration would comprise field inspections of exploration targets generated from a review of historical work on the tenements. The company will use its pXRF instrument across the targets in addition to collecting… This con...

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Aug 06, 2019
Major offtake deal for Sconi battery minerals project

Major offtake deal for Sconi battery minerals project

Australian Mines has pinned down a buyer for 100 per cent of the battery-grade cobalt sulphate and nickel sulphate produced in the first seven years of its Sconi project in North Queensland. The company today announced a long-form off-take agreement with SK Innovation. The deal replaces and expands upon the agreed terms of a previous… This content is for iQ Industry Queensland, iQ Coal, iQ ...

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Jul 29, 2019
Sconi firms on NSW acquisition

Sconi firms on NSW acquisition

Australian Mines has released its quarterly report highlighting moves to compliment the Sconi nickel-cobalt resource in north Queensland with its Flemington acquisition in New South Wales. The report noted that the company’s Queensland-based mineral resources, including Sconi, Bell Creek and Minnamoolka, now exceed 115 million tonnes, following a new Mineral Resource Estimate for the Bell… ...

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