Australian Mines Updates Scandium Project Study

Australian Mines Limited (AU:AUZ) has released an update.

Australian Mines Limited is revisiting the Flemington Scandium Scoping Study amid growing interest in its Solid-State Hydrogen Storage project, and the increasing global demand for scandium, a critical mineral for the hydrogen economy and advanced technologies. The review will update previous financial estimates and integrate data from recent drilling to enhance the project’s economic viability. This comes at a time when scandium’s importance is rising in clean energy applications and the tech industry, with a significant portion of its production originating from China.

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