Rio Tinto to become major scandium oxide producer in Qu?(C)bec

January 15, 2021 / www.metalbulletin.com / Article Link

Rio Tinto is to become the first producer of high-quality scandium oxide in North America and will produce around one-fifth of the current level of world supply from a planned plant in Qu?(C)bec, Canada.

The plant, currently under construction at the company's Rio Tinto Fer et Titane (RTFT) metallurgical operation in Sorel-Tracy, will begin commercial production in June this year. The RTFT Research & Development Center in Sorel-Tracy has been producing scandium oxide since the second half of 2019.
Rio Tinto will invest US$6 million to build a first module with capacity for 3 tonnes per year of scandium oxide. Other modules may be added to the plant, in line with market demand, Rio Tinto said.
According to the US Geological Survey, the worldwide scandium market is around 15 tonnes per year.

The government of Qu?(C)bec will contribute around US$650,000 to the project...

Recent News

China's gold holdings to central bank reserves still low

September 30, 2024 / www.canadianminingreport.com

China has broad effect on gold market

September 30, 2024 / www.canadianminingreport.com

Gold stocks mixed after previous week's huge gains

September 23, 2024 / www.canadianminingreport.com

Large TSXV gold multiple driven up by high Artemis weighting

September 23, 2024 / www.canadianminingreport.com

Monetary-driven precious metals outperform major base metals

September 09, 2024 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok