Scandium International Mining Announces Updated Strategic Focus & Leadership Changes

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Apr 18, 2022

RENO, NV / ACCESSWIRE / April 18, 2022 / Scandium International Mining Corp. (TSX:SCY) ("Scandium International" or the "Company") today announces it has completed an internal review of its portfolio of assets and projects. The purpose of this review was to determine the appropriate allocation of capital between the Company's scandium activities and the recently announced initiatives on Critical Metals Recovery (CMR) and High Purity Alumina (HPA). The board has decided that the best return on invested capital for its shareholders is to prioritize the Company's portfolio of scandium assets including the Nyngan Scandium Project that already holds a mining license and it will idle its CMR and HPA initiatives.