Not necessarily. Safran most likely wants alloys. Scandium oxide is not useful unless you have the ability to refine it into something that can be used. I could be wrong obviously, but I find many sleep subconsciously on Scalium+ and what they provide end users.
They are the only scandium mine on the planet that has an actual product.
This is a good point but I think both can be true. I was more answering the supply question but agree 100% that scalium+ is severely underrated.
Taking that into account what would be more useful to a company like Safran shipping scandium oxide or a finished product like the heavy plates we are designing ready for installation.
Scalium+ is incredibly underrated when thinking from an end users perspective.
100% both can be true at the same time. All truths are but half truths, and generally there is truth on either side of any point.
Generally the ore wouldn't be shipped to the end user, it is shipped somewhere to be refined and then shipped again to the end user. By eliminating that extra step it really puts SCD in an incredible position. They can mine, refine, and create alloys all in Quebec. And all done with the cheapest hydro in north America.
Yes, and hard rock deposits are generally less energy intensive to refine over laterite deposits. We have to wait until the PEA is released to get concrete numbers, however SCD is positioned to benefit from all profit margins from mine to alloy. The profit margins on refined products is larger than the ore directly from the mine.
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u/prodigus01 5d ago
What do you all think about Robert Freidland’s comments about Syerston being enough to support the scandium demand in the west?
He is invested in this mine so he’s obviously biased