RIO News: Rio Tinto acquires high-grade scandium project in Australia - 28th Apr 2023, 9:44am

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MELBOURNE, Australia, April 27, 2023--(BUSINESS WIRE)--Rio Tinto has entered into a binding agreement to acquire the Platina Scandium Project, a high-grade scandium resource in New South Wales, from Platina Resources Limited (ASX: PGM) for $14 million.

The project, near Condobolin in central New South Wales, comprises a long life, high-grade scalable resource that could produce up to 40 tonnes per annum of scandium oxide, for an estimated period of 30 years.

Rio Tinto currently produces scandi...

>>> Read more: Rio Tinto acquires high-grade scandium project in Australia
 
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