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SCY Seeks Copper Industry Partner To Demonstrate Scandium, Cobalt, And Other Critical Metals Recovery Technology
RENO, NV / ACCESSWIRE / May 13, 2020 / Scandium International Mining Corp . ( TSX:SCY ) (...
About this update from Scandium International Mining Corp.
[{"type":"text","content":"SCY Seeks Copper Industry Partner To Demonstrate Scandium, Cobalt, And Other Critical Metals Recovery TechnologyRENO, NV / ACCESSWIRE / May 13, 2020 / Scandium International Mining Corp. (TSX:SCY) (\"Scandium International\" or the \"Company\") is pleased to announce that it will pursue copper industry interest in SCY ion exchange (IX) technology and knowhow to recover scandium, cobalt and other critical metals from solvent extraction (SX) raffinate and other acidic waste streams in certain acid leach copper operations.Recovery metals targeted by this application include cobalt, copper, nickel, scandium, and zinc, and possibly other metals and rare earth elements, depending on recovery economics. The suitability of this IX technology, and the target metal opportunities, vary with the specifics of individual orebodies, and associated SX plant characteristics. Depending on specific project variables, and the value and volume of critical metals recovered, the end result economics are expected to be significant to the parties involved.CONCEPT HIGHLIGHTS:IX technology offers rapid deployment to existing Cu operation waste streams,Recoveries target critical metals with transparent, established markets, Includes potential for significant scandium production alongside other products,Represents near term production sources that can address security of supply issues, conflict metal issues, and concentrated supply source issues, andThe concept has real potential to deliver positive economic benefits to both SCY and the established copper producers that can host this program.DISCUSSIONThe copper industry is fully aware of the opportunity to harvest valuable metals from copper process waste streams, and the industry does so with significant success today in precious metals. Other specialty metals recovery work has historically been considered un-economic, based on effective recovery costs and recovered metals pricing. The technology in this area has advanced, improving both operating costs and recoveries. New, technology-driven uses for critical metals are stressing supply channels. Traditional jurisdiction risk concerns are now multiplied by ethical sourcing issues, and long-term sustainability questions, all of which elevate the interest in broader, more localized sourcing. These issues are receiving heightened governmental and industry pr...