
Rio Tinto to Double Scandium Production with Acquisition of High-Grade Resource in NSW
Rio Tinto to Double Scandium Production with Acquisition of High-Grade Resource in NSW Rio Tinto (ASX: RIO) has announced that it will acquire the Platina Scandium Project in NSW for $14 million. The acquisition of the high-grade scandium resource located near Condobolin could enable Rio Tinto to more than double its annual scandium production, which is currently produced from titanium dioxide production waste streams in Quebec, Canada. The Platina Scandium Project comprises a long life, high-grade scalable resource that could produce up to 40 tonnes per annum of scandium oxide for about 30 years. Scandium is a rare and versatile mineral that is considered a critical mineral by many countries, including the United States, Canada, and Australia. It is one...









