Metallica’s Scandium Project
- 100% owned Tri-Metal Project NORNICO (Nickel-Cobalt-Scandium) located in North Queensland. Only 2.5 hours drive from Townsville
- Major cost benefits from recovering three metals (Ni+Co+Sc) – same ores, same process, same plant
- Proven HPAL processing expected to recover >90% Ni+Co, 85-95% Sc-• Scandium demand exists and is eagerly awaiting secure stable supply
- Ni-Co & Sc production targeted mid 2014
- Large shallow resource extending from surface to a max depth <55m
- Potential to become the world’s major supplier of Scandium oxide
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