Flemington Scandium Project, NSW
Australian Mines Limited (AUZ) | Scoping Study (amended announcement) | Released 8 May 2026
Inferred share: Inferred 0.6% of production target
Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.
Planning inputs
Inferred 0.6% of production target | Overall slope ~30° | Dilution 5%, ore loss 5% | Contractor mining | Mine plan by SRK Consulting | Three pits, 450ppm Sc cut-off
Also in the release
Feed grade 573ppm Sc over the first 15 years, ~72–76ktpa feed, 90.8% Sc recovery. C1 cash cost US$561/kg Sc₂O₃. Post-tax NPV8 ~US$860 million at the US$3,000/kg sensitivity case.
Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.
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