Whether 3D-printed into a high-performance alloy for aerospace components or embedded in the 5G/6G semiconductors that power the world’s phones and mobile communications infrastructure, scandium sits at the heart of some of our most important civilian and defence sector technologies. Containing one of the world’s largest and highest-grade scandium resources, the Syerston Scandium Project will bring a new source of low cost, scalable and reliable supply to western markets.
A significantly advanced long-life mining project with permitting and approvals secured and strong community support
Syerston benefits from world-class rail and port infrastructure, within a thriving mining region and access to a skilled mining workforce
Targeting low capital and operating costs to support future expansions of the resource base as demand for scandium accelerates
Our ongoing investment in patented scandium alloys focuses on military, aerospace and automotive markets, while the importance of scandium for 5G/6G telecommunications technology make it a key material in the semiconductor industry
An extensive range of global partnerships, from fundamental R&D to commercialisation programs, with the aim of increasing the adoption of scandium in key technology platforms
The Mineral Resource Estimate (MRE) shown in (Table 1) comprises a total of 1,940 drill holes over 73,870m of drilling and includes 47,817
assays.
| Cut-off | Class | Mt (dry) | Sc (ppm) | Sc (t) | Sc₂O₃ Eq (t)* |
|---|---|---|---|---|---|
| 300 ppm Sc | Measured | 5.3 | 436 | 2,299 | 3,518 |
| Indicated | 18.2 | 400 | 7,284 | 11,144 | |
| M+I | 23.5 | 408 | 9,583 | 14,662 | |
| Inferred | 36.9 | 379 | 13,972 | 21,376 | |
| M+I+I | 60.3 | 390 | 23,554 | 36,038 | |
| 600 ppm Sc | Measured | 0.4 | 680 | 302 | 462 |
| Indicated | 0.2 | 638 | 140 | 214 | |
| M+I | 0.7 | 666 | 442 | 676 | |
| Inferred | 0.1 | 642 | 59 | 91 | |
| M+I+I | 0.8 | 663 | 501 | 767 |
* Sc tonnage multiplied by 1.53 to convert to Sc₂O₃. Figures may not total exactly due to rounding.
* For further details of historically reported Mineral Resource and Ore Reserve estimates at Syerston, see the Company’s ASX announcements of 17 March 2016, 30 August 2016, 28 September 2020 and 5 February 2025.
The Syerston Scandium Project is located on Mining Lease 1770 (ML1770), granted by the NSW Government under the Mining Act (1992). Environmental permitting for the Project has been completed, supported by an approved Environmental Impact Statement (as modified).
The NSW Government has also granted the Project Development Consent, issued an Environmental Protection Licence and approved a number of Environmental Management Plans.
Water rights have been secured for the Project, providing sufficient capacity to meet the Project’s estimated water requirements.
ML1770 lies in close proximity to excellent infrastructure. including bitumen roads providing good access to Parkes and the east coast of Australia. The Project area is also adjacent to one of NSW’s renewable energy zones.
The Sunrise Community Consultative Committee (CCC) is being maintained along with several local community engagements/support programmes to communicate progress on pre-development activities at the Syerston Project.