STOCK TITAN

SCANDIUM INTL MNG CRP ORD - SCYYF STOCK NEWS

Welcome to our dedicated page for SCANDIUM INTL MNG CRP ORD news (Ticker: SCYYF), a resource for investors and traders seeking the latest updates and insights on SCANDIUM INTL MNG CRP ORD stock.

Scandium International Mining Corp., an exploration stage company, focuses on the exploration, evaluation, and development of specialty metals assets in Australia. The company explores scandium, rare earth minerals, nickel, cobalt, boron, manganese, tantalum, titanium, and zirconium. With the main focus on the Nyngan Scandium Project in New South Wales, Australia, the company aims to develop and produce these specialty metals.

Rhea-AI Summary

On June 3, 2024, Scandium International Mining held its annual general meeting where all proposed resolutions were passed. The shareholders approved setting the number of directors at four and re-elected all director nominees, including William B. Harris, James R. Rothwell, Peter B. Evensen, and R. Christian Evensen. Shareholders also re-appointed Davidson & Company LLP as the company's auditor and extended the stock option plan entitlements until June 3, 2027. A total of 102,782,595 shares, representing 28.88% of the issued and outstanding shares, were represented at the meeting.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Summary
Scandium International Mining Corp. (TSX:SCY) provides an update to shareholders regarding the Nyngan Scandium project in NSW Australia. The project has a 25-year mining license and has made progress with ground-breaking, surveys, soil management, and temporary office quarters. The final investment decision is pending customer contracts and strategic partnerships. The company aims to produce 38 tons annually and believes the Nyngan deposit is the most advanced Scandium project. The market for Scandium is developing, with potential applications beyond aluminum alloys. The entrance of Rio Tinto into Scandium production validates market development. Dependable supply outside of China and Russia is crucial for market adoption of Scandium.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
50%
Tags
none
-
Rhea-AI Summary
Scandium International Mining Corp. (TSX:SCY) announced the physical development of the Nyngan Scandium Project in New South Wales, marking a critical step in becoming the world’s first scandium-only mining project. The project aims to meet the growing market demand for scandium, listed as a critical metal by various governments. The company is also working on commercial offtake contracts for scandium and notes increased commercial interest in scandium oxide and scandium aluminum alloys.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-- %
Tags
none

FAQ

What is the current stock price of SCANDIUM INTL MNG CRP ORD (SCYYF)?

The current stock price of SCANDIUM INTL MNG CRP ORD (SCYYF) is $0.011 as of October 15, 2024.

What is the market cap of SCANDIUM INTL MNG CRP ORD (SCYYF)?

The market cap of SCANDIUM INTL MNG CRP ORD (SCYYF) is approximately 4.7M.

Where is Scandium International Mining Corp. headquartered?

The company is headquartered in Sparks, Nevada.

What specialty metals does Scandium International Mining Corp. focus on?

The company explores and develops scandium, rare earth minerals, nickel, cobalt, boron, manganese, tantalum, titanium, and zirconium.

What is the primary project of Scandium International Mining Corp.?

The company's main project is the Nyngan Scandium Project located in New South Wales, Australia.

When was Scandium International Mining Corp. founded?

The company was founded in 2006.

What did Scandium International Mining Corp. change its name from?

The company was formerly known as EMC Metals Corp. before changing its name to Scandium International Mining Corp. in November 2014.

SCANDIUM INTL MNG CRP ORD

OTC:SCYYF

SCYYF Rankings

SCYYF Stock Data

4.65M
217.30M
38.65%
2.6%
Other Industrial Metals & Mining
Basic Materials
Link
United States of America
Reno