Metallica Minerals to Produce #2 Critical Mineral Scandium by 2015

Metallica-InterviewMarch 4, 2013 — Andrew Gillies, CEO of Metallica Minerals (ASX: MLM), a scandium, cobalt, nickel play in North Queensland, Australia, spoke about the flagship SCONI project in an interview with Tracy Weslosky, Publisher of ProEdgeWire. Gillies noted that the Project is on track “for production by the end of 2015″. He added that Metallica is “looking at kicking off a definitive feasibility study next month subject to financing of the project. We hope to be entering production by late 2015″.

Metallica, added Gillies “is unique, in a sense, as a first mover on scandium…which is widely distributed on Earth’s crust but very rarely enriches to the point where it is at exportable levels.” The SCONI project “has substantial resources of scandium; it is very favorable and it’s at a good location”. Metallica, moreover, has secured “an off-take agreement with Bloom Energy, a US based solid oxide fuel cell company and we’re also looking at getting additional off-takes to kick start the project in the alloy sector, particularly in the aerospace sector.”

Disclaimer: Metallica Minerals is a member of ProEdgeWire.


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Tracy Weslosky

About Tracy Weslosky

Tracy Weslosky is the Publisher and Editor-in-Chief of InvestorIntel, a leading global investment intelligence source created for the innovative and entrepreneurial minded that represents over 50 publicly listed companies globally that are listed on InvestorIntel.com. Tracy is also the Founder & CEO for ProEdge Media Corp., an online publishing and media production company since 2001; and is the Managing Partner for 724 Capital Corp., a business consulting firm that currently represents U.S. Rare Earths, Inc. Previously she has owned a boutique Investment Banking firm for 7 years that was the basis for a business reality television series called, DealFlow. Aired around the world for 3 years on CNBC World, WealthTV and many other networks globally; Tracy is a speaker, writer and an entrepreneur.

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