Scandium International is pleased to announce that it has signed a Letter of Intent with Gränges, based in Stockholm. Gränges is a public company, traded on the NASDAQ Stockholm Stock Exchange, and is a large global player in the rolled aluminum products business, with production assets in Europe, USA, and China, and a worldwide customer base. The LOI calls for the Scandium International to contribute various [...]
Scandium International Mining is pleased to announce that it has signed a Letter of Intent with Ohm & Häner Metallwerk GmbH & Co. GK , based in Olpe, Germany. O&H is a privately held manufacturer of sand cast and gravity die cast parts, using metal alloys, servicing a significant, global customer base. The LOI calls for the Company to contribute aluminium-scandium master alloy 2% , for mixing and trial-testing of [...]
Scandium International Mining is pleased to announce that it has signed a Letter of Intent with AML Technologies, an Adelaide, based start-up company with proprietary technology for applying aluminium alloys to additive layer manufacturing processes, also commonly referred to as 3D printing. The LOI calls for the Company to supply aluminium-scandium alloys, as wire, in relatively small amounts, for testing by AML in their [...]
Scandium International Mining is pleased to announce that it has both revised and renewed an existing scandium product offtake sales agreement entered into in 2015 with Alcereco Inc., a private Canadian aluminum alloy specialty research and manufacturing company, located in Kingston, Ontario, Canada. The revised sales agreement extends the deadline for initial production and shipments from the Nyngan Scandium Project from [...]
Scandium International Mining is pleased to announce that we have instructed Lycopodium, our EPCM Engineering Contractor, to initiate critical path engineering for our Nyngan Scandium Project in NSW, Australia. Lycopodium will commence work immediately on select critical path components for the project, including design and specification engineering on the high-pressure autoclave unit, associated flash and splash vessels [...]
Scandium International Mining is pleased to announce that it has closed the share exchange transaction with Scandium Investments, as approved by the SCY shareholders at a Special Meeting on September 11, 2017, and as a result, has acquired the 20% interest in EMC Metals Australia Pty Ltd previously held by SIL. The Company now holds 100% ownership of EMC-A, which is the Company's Australian subsidiary that holds a 100 [...]
Scandium International Mining is pleased to announce that its wholly-owned subsidiary company, Scandium International Mining, Norway AS, has been granted a reservation on an Exploration License for the Kiviniemi Scandium Property in central Finland from the Finnish regulatory body governing mineral exploration and mining in Finland. The Geological Survey of Finland conducted airborne survey work on the area in 1986 [...]
Scandium International Mining is pleased to announce that it has received shareholder approval to the share exchange with Scandium Investments LLC (SIL). Pursuant to the transaction SIL will sell its 20% interest in EMC Australia to the Company in exchange for common shares of the Company. Please refer to the Company's June 15, 2017 news release for further information on the transaction. Timing on the completion of the [...]
Scandium International Mining announces that it has received subscription agreements for a total of 3,628,333 common shares at a price of C$0.30 per share for a total of C$1,088,500 in gross proceeds. The Company will not be paying any finders' fees on the transaction. A portion of the placement (3%) was sold to a director of the Company. Completion of the private placement is subject to approval by the Toronto Stock [...]
Reno, Nevada--(Newsfile Corp. - June 15, 2017) - Scandium International Mining Corp.. (TSX:SCY) ("Scandium International" or the "Company") is pleased to announce that it has signed a Memorandum of Understanding and reached agreement with Scandium Investments LLC ("SIL"), to acquire SIL's 20% ownership of EMC Metals Australia Pty Ltd, ("EMC-A"). The transaction will increase the Company's ownership of EMC-A from 80% to [...]
Scandium International Mining is pleased to announce that its 2017 annual general meeting was held on June 7, 2017. At the AGM, all resolutions put to the shareholders were passed. Shareholders approved the re-appointment of Davidson & Company LLP as the Company's auditor. The number of directors was set at seven, with George F. Putnam, William B. Harris, Willem P.C. Duyvesteyn, Barry Davies, Warren Davis, James Rothwell [...]
Scandium International Mining is pleased to announce that its subsidiary company, EMC Metals Australia Pty Ltd has signed an Engineering, Procurement and Construction Management contract with Lycopodium Minerals Pty Ltd, to build the Nyngan Scandium Project in New South Wales, Australia. The EPCM contract also provides for start-up and commissioning services. HIGHLIGHTS: EPCM contract executed for Nyngan Project [...]