What Scandium International Mining does

Scandium International Mining Corp. (TSX-V:SCY) is a Canadian-listed specialty metals development company originally established in 2005 as EMC Metals Corp. and renamed to its current form in 2014. The company's flagship asset is the Nyngan Scandium Project in New South Wales, Australia, held through wholly-owned subsidiary EMC Metals Australia Pty Ltd, on which 100% ownership was secured in 2014 through a settlement payment and a US$2.5M loan facility from Scandium Investments LLC. A second Australian asset, the exploration-stage Honeybugle Scandium Project, sits roughly 24 km south of Nyngan. Corporate headquarters are in Reno/Sparks, Nevada. The company also voluntarily deregistered from the SEC via Form 15 in December 2024, retaining its primary TSX-V listing.

The Nyngan project is designed as a small surface mining operation producing approximately 38,500 kg of scandium oxide per year over a 20-year mine life from laterite ore, with on-site conversion into scandium-aluminum master alloy. Underlying technology consists of patented and patent-pending metallurgical processes covering scandium recovery from laterite ores, scandium-aluminum master alloy manufacturing, high-purity alumina production, and scandium use in lithium-ion batteries. The project received its mining license (ML 1893) on October 7, 2025, ending a nine-year permitting process, and a Definitive Feasibility Study update was commissioned with Lycopodium Limited in June 2026.

The business model is pre-revenue: future cash generation is intended to flow from multi-year offtake contracts for scandium oxide and scandium-aluminum master alloy sales into aerospace, defense, clean power generation, and aluminum-alloy end-markets. To date the company has secured a portfolio of MOUs and Letters of Intent with downstream testing and distribution partners including ECK Industries, ALCERECO, Weston Aluminum, Bronze-Alu Group, Austal Ltd., Gränges AB, Grainger & Worrall, Impression Technologies, AML Technologies, OHM & Hänner Metallwerk, Pab Coventry and a separate LOI with Nevada Gold Mines covering the Phoenix Mine. Capital formation to date has relied on equity placements (notably a USD 4.32M McEwen Mining investment in 2016 and a USD 795K round in 2018), insider option exercises, and stock-option grants under the Omnibus Equity Incentive Plan.

Name

Scandium International Mining

Legal name

Scandium International Mining Corporation

Website

https://scandiummining.com

Company type

Public

Founded year

2005

Operating status

Operating

Headcount range

1–10 employees

Short description

Scandium International Mining Corp. is a Canadian-listed (TSX-V:SCY) mineral development company advancing the Nyngan Scandium Project in New South Wales, Australia, intended to be the world's first primary scandium mine supplying aerospace, defense, and clean-energy industries.

Ownership category

akta.pro rank

Product category

Scandium Mining and Critical Minerals Production

NAICS

Other Metal Ore Mining (212290)

SIC

Metal Mining (1000)

akta.pro primary industry

Exploration & Resource Development (Critical Minerals) (IMAKAFAL)

Keywords

• Scandium mining
• Critical mineral production
• Aluminum scandium alloys
• Specialty metals development
• Laterite ore extraction

Headquarters

HQ city

Sparks

HQ country

United States

HQ region

North America

Offices2 records

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Infrastructure

Revenue model

1. Scandium Oxide Product Sales: Revenue from selling scandium oxide product produced at the Nyngan project, designed to produce approximately 38,500 kg per year over a 20-year mine life. Product targeted at high-performance industries including aerospace, defense, and clean power generation.
2. Scandium Master Alloy Sales: Revenue from selling scandium-aluminum master alloys manufactured from scandium extracted at Nyngan, targeted at aluminum alloy manufacturers for aerospace, automotive, and other high-performance applications.

Pricing tiers

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Scandium International Mining Corporation is developing the Nyngan Scandium Project in New South Wales, Australia, designed to be the world's first primary scandium mining operation. The project is engineered to produce approximately 38,500 kg of scandium oxide per year over a 20-year mine life, with products including scandium oxide (Sc2O3) and scandium-aluminum master alloys targeted at aerospace, defense, clean energy, and aluminum alloy manufacturers. The company also holds the exploration-stage Honeybugle Scandium Project in NSW.

Product overview

Scandium International Mining Corp. is a mining development company focused on establishing the world's first primary scandium mining and production operation. The company's portfolio consists of two scandium projects in Australia: the advanced-stage Nyngan Scandium Project (primary product, shovel-ready) and the Honeybugle Scandium Project (exploration-stage). The company produces scandium oxide product targeted to technology-driven markets including aerospace, defense, semiconductors, solid-state batteries, and clean energy applications. The Nyngan project serves as the core asset with planned annual production of approximately 38,500 kg of scandium oxide.

Differentiator

Problem solved

Functional benefit

Products and services

• Nyngan Scandium Project A scandium mining project in New South Wales, Australia designed to produce approximately 38,500 kg of scandium oxide per year over a 20-year mine life. The project has completed feasibility study, received government approvals, and is positioned as the world's first primary scandium mining operation. Target customers include aerospace, defense, clean energy, and aluminum alloy manufacturers.
• Honeybugle Scandium Project A secondary scandium exploration property in New South Wales, Australia, located approximately 24 kilometers south of the Nyngan project. Initial drilling intersected average grades of 270 ppm scandium over 21 meters thickness.
• Scandium Oxide Primary scandium oxide product (Sc2O3) to be produced from the Nyngan project, targeted for high-performance industries including aerospace, defense, solid-state batteries, and clean power generation.
• Scandium-Aluminum Master Alloy Scandium-aluminum master alloy product manufactured from scandium extracted at Nyngan, targeted at aluminum alloy manufacturers for aerospace, automotive, and other high-performance applications.

Quantifiable outcome

• Approximately 38,500 kg of scandium oxide product per year over 20-year mine life
• +1 more outcomes

Named customers4 records

Segments5 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature4 records

Partnerships

13 partnerships are on record, tiered core, major and minor.

• Lycopodium LimitedcoreStrategic or Co-development Partner · 16 June 2026Lycopodium Limited contracted to conduct the update to the Definitive Feasibility Study for the Nyngan Scandium Project, reflecting updated capital and operational costs. This is critical engineering work for the project's advancement.
• Nevada Gold MinescoreStrategic or Co-development Partner · 28 June 2021Signed LOI to pursue critical metals recovery at Phoenix Mine, including scandium recovery from existing mining operations.
• ECK IndustriesmajorStrategic or Co-development Partner · 20 May 2021Joint program to demonstrate impacts of cerium and scandium additions in aluminum alloys for casting applications.
• ALCERECOmajorStrategic or Co-development PartnerMOU and scandium offtake agreements signed for scandium product distribution.
• Weston AluminummajorStrategic or Co-development PartnerMOU for master alloy manufacture, exploring domestic production of scandium master alloys.
• Bronze-Alu GroupminorStrategic or Co-development PartnerLetter of Intent signed to test scandium alloys in casting applications.
• Austal Ltd.minorStrategic or Co-development PartnerLetter of Intent signed to test and evaluate scandium alloys for potential applications.
• Gränges ABminorStrategic or Co-development PartnerLetter of Intent to test scandium alloys in heat exchanger applications.
• Grainger & Worrall Ltd.minorStrategic or Co-development PartnerLetter of Intent to test scandium alloys in casting applications.
• Impression Technologies Ltd.minorStrategic or Co-development PartnerLetter of Intent signed for testing scandium alloys in aluminum applications.
• AML TechnologiesminorStrategic or Co-development PartnerLetter of Intent to test scandium alloys in 3D printing applications.
• OHM & Häner MetallwerkminorStrategic or Co-development PartnerLetter of Intent to test scandium alloys in casting applications.
• Pab Coventry LtdminorStrategic or Co-development PartnerLetter of Intent signed for testing scandium alloys.

Scale indicators8 records

Recent moves6 records

Expansion highlights6 records

Broad incumbents

• Tronox Holdings: Global titanium dioxide producer with scandium recovery as a byproduct of titanium operations. Comparable at the product level (scandium supply) but operates at much larger scale and as part of a broader titanium portfolio.
• Energy Fuels: U.S.-based critical minerals producer (uranium plus rare earth and vanadium) pursuing Western critical-mineral supply chains. Comparable as a Western producer of multiple critical minerals serving defense and clean-energy customers.
• Iluka Resources: Australian critical minerals producer (rare earths, zircon, titanium) with established mining and processing operations. Comparable as an Australian incumbent in critical mineral supply chains, though operating at significantly larger scale and broader portfolio scope.

Direct peers

• Mkango Resources: Junior miner focused on rare earths and critical minerals for clean-energy applications. Comparable in scale and stage as a small-cap specialty/critical-minerals developer pursuing technology and clean-energy customers.
• Ucore Rare Metals: Canadian junior developing rare earth and critical mineral assets for Western supply chains. Comparable as a small-cap critical-minerals developer pursuing non-China supply for technology and defense end-markets.
• Vital Metals: Australian-listed junior focused on rare earths and critical minerals for technology and clean-energy markets. Comparable as a small-cap, Australia-based critical-minerals developer at a similar stage.
• NioCorp Developments: North American critical minerals developer pursuing a multi-commodity project (niobium, scandium, titanium, rare earths). Directly comparable as a development-stage junior mining company targeting critical-mineral end-markets including scandium.
• Defense Metals Corp: Canadian junior focused on rare earth elements and critical minerals for defense and clean-energy applications. Comparable in size, stage, and customer-targeting focus on defense and clean-energy supply chains.
• Imperial Mining Group: Canadian junior mining company with scandium-focused exploration assets. Most directly comparable as a small-cap, scandium-pure-play developer pursuing similar critical-mineral end-markets.

Regional players

• Australian Strategic Materials: Australian-listed critical minerals developer producing rare earths, zirconium, and other specialty metals. Comparable as an Australia-headquartered specialty/critical-minerals developer targeting technology end-uses.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks7 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles6 records

Subsidiaries1 record

Funding overview

Funding rounds2 records

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Scandium International Mining