I'm sorry your web browser is not supported we strongly recommend you use Microsoft Internet Explorer 10 or higher or an alternative browser.
Flemington Project
Scandium, Nickel and Cobalt. Central New South Wales
Flemington stands out as a compelling critical metals opportunity, hosting a globally significant high-grade scandium resource, supported by nickel and cobalt credits.
With a high proportion of measured and indicated resources, strong near-surface grades and an updated scoping study in progress, the project offers clear avenues, subject to further studies, towards development and potential production. Positioned in a Tier-1 jurisdiction and linked to downstream energy-storage technology, Flemington has the potential to become a strategically significant scandium asset.
Located in central New South Wales, Flemington is hosted within a lateritic profile developed over prospective ultramafic rocks, resulting in broad, shallow scandium mineralisation with associated nickel and cobalt. The project is located in an established mining jurisdiction and benefits from previous technical studies, favourable metallurgy and clear potential to support future scandium production.
Key ASX Announcements
- Exceptional scandium grades from Flemington
- Underexplored Anomaly at Flemington to be Drill-Tested
- Flemington Resource Expands Significantly
- Flemington Scoping Study advances project to PFS phase (This information is historical and subject to underlying assumptions.)
- Resources & Reserves
Related
Flemington Project
Central New South Wales, Australia
The Flemington Project is located approximately 70 km southwest of Dubbo. The project is situated within an established mining region with access to sealed roads, power infrastructure and regional workforce centres, and lies on the same geological intrusion as Sunrise Energy Metals' Syerston project.
Tenement Map
Flemington Project tenements and surrounding tenure holders in central New South Wales, approximately 70 km southwest of Dubbo.
Key Project Highlights
6.3 Mt
JORC Mineral Resource (M+I) at 446 ppm scandium (300 ppm cut-off)
28 Mt
Broader resource at 217 ppm Sc (100 ppm cut-off)
Near surface
Shallow laterite-hosted mineralisation
SRK Update
Scoping study update in progress, using doubled resource
Project Advantage
| Category | Detail | Description |
|---|---|---|
| Resource | High-grade scandium | A globally significant high-grade scandium resource with 98% in Measured and Indicated categories. |
| Jurisdiction | New South Wales | Located in a Tier-1 mining jurisdiction with established permitting pathways. |
| Geology | Geological setting | Same intrusion as Sunrise Energy Metals' Syerston project. |
| Synergy | Portfolio fit | Scandium feedstock for the Energy Storage program. |
| Mining | Near-surface laterite | Broad, shallow mineralisation suitable for open-pit mining with low strip ratios. |
| Metallurgy | Favourable | Test work demonstrates high scandium recoveries using conventional processing routes. |
Key Value Drivers
- Advancement of the updated scoping study
- Improved metallurgical and processing outcomes
- Strategic partnerships supporting future scandium demand
- Progression to a Feasibility study and a Financial Investment Decision
- Broader adoption of scandium in advanced alloys and energy applications
- Downstream technology progress of the Energy Storage program
Scoping Study Update
SRK Consulting is updating the 2017 Flemington scoping study. The original study, based on an earlier resource of 3.1 Mt at 434 ppm scandium, indicated:
-
NPV positive with IRR exceeding 35% (using scandium oxide price of USD$1,500,000 per tonne)
-
18-year mine life processing 100,000 tonnes per annum
-
Production of 50 tonnes of scandium oxide per annum, with potential to extend mine life to 45 years
-
Estimated capital cost of A$74 million
The updated study will use the current MRE of 6.3 Mt @ 446 ppm Sc, which is double the tonnage and a higher grade than the original study input. The update is expected in the near term.
Note: The 2017 Scoping Study should not be relied on as current guidance and is historical and preliminary in nature. It is subject to material change and there is no certainty that further work will result in the determination of Ore Reserves or that the project will proceed to development.
