Reno, Nevada--(Newsfile Corp. - October 10, 2025) - Scandium International Mining Corp. (TSXV: SCY) (OTC Pink: SCYYF) ("Scandium International" or the "Company") is pleased to announce that the Department of Primary Industrials and Regional Development - NSW Resources ("the Department") has granted a mining license to Scandium International's wholly-owned subsidiary, EMC Metals Australia Pty Ltd ("EMC") for its Nyngan Scandium Project in New South Wales. Mining Lease No 1893 (Act 1992) ("ML 1893") was gran ...

据业内人士称，美国特朗普政府眼下正寻求获得美洲锂业公司(Lithium Americas)的股份，目前白宫方面正在重新商谈美国能源部对该公司一笔23亿美元贷 款的条款。 这笔贷款最初是在拜登政府期间批准的。特朗普政府官员对外表示，白宫提出入股该公司是为了重新谈判这笔贷款，并称此举为"一笔重要的关键矿产交 易"。 据悉，美国政府正寻求获得美洲锂业公司高达10%的股份。入股美洲锂业公司将是特朗普政府干预美国经济、加速关键矿产本地供应链发展的最新例证。 此前，美国政府已通过入股英特尔、MP Materials等美国科技和矿产公司，推动其认为对国家安全至关重要的行业发展。 而这一次白宫之所以把目光聚焦于美洲锂业公司，显然与在美国锂供应链发展中占据举足轻重地位的Thacker Pass锂矿项目有关。 瞄准锂供应链 美洲锂业公司去年12月宣布，将与通用汽车成立合资公司，共同开发位于内华达州洪堡县的Thacker Pass锂矿项目。根据协议，美洲锂业公司将持有该项 目62%的股权，通用汽车持有38%股权。 Thacker Pass锂矿预计将于2028年投入运营，目前已有600多承包商参与建设，该项目投产后预计将成为西半球最 ...

Report Industry Investment Ratings No specific industry investment ratings are provided in the report. Core Views - Gold is expected to continue hitting new highs, while silver will experience a sideways adjustment [2][6]. - Copper prices have surged due to force majeure disturbances in copper mines [2][13]. - Zinc is expected to have a slight rebound [2][15]. - Lead prices are supported by decreasing inventories [2][19]. - Tin will trade within a range [2][21]. - Aluminum is expected to be slightly bullish in a sideways trend, alumina will trade within a range, and cast aluminum alloy will outperform electrolytic aluminum [2][27]. - Nickel prices will trade at a low level due to the game between smelting inventory accumulation and ore - end expectations, and stainless - steel prices will oscillate due to the game between short - term supply - demand and costs [2][30]. - The pre - holiday restocking of lithium carbonate is coming to an end, and the sideways trend will continue [2][37]. - For industrial silicon, the futures price is relatively resilient; for polysilicon, pay attention to market sentiment due to upstream sudden maintenance [2][40]. - Iron ore prices will have wide - range oscillations due to repeated expectations [2][43]. - Rebar and hot - rolled coil prices will have wide - range oscillations [2][45][46]. - Ferrosilicon and silicomanganese prices will have wide - range oscillations due to sector sentiment resonance [2][50]. - Coke and coking coal prices will have wide - range oscillations due to repeated expectations [2][53][54]. - Log prices will oscillate repeatedly [2][56]. - Para - xylene and PTA will have short - term rebounds but remain weak in the medium term; MEG suggests a 1 - 5 month spread reverse arbitrage [2][60]. Summary by Related Catalogs Precious Metals - **Gold**: Yesterday, the closing price of SHFE gold 2510 was 856.04 with a daily increase of 0.48%, and the night - session closing price was 853.06 with a decrease of 0.65%. The trend strength is 0 [7][10]. - **Silver**: Yesterday, the closing price of SHFE silver 2510 was 10354 with a daily increase of 0.47%, and the night - session closing price was 10349.00 with a decrease of 0.52%. The trend strength is 1 [7][10]. Base Metals - **Copper**: Yesterday, the closing price of SHFE copper main contract was 79,960 with a daily increase of 0.05%, and the night - session closing price was 82610 with an increase of 3.31%. Free Port announced that its Indonesian Grasberg mine encountered force majeure. The trend strength is 2 [12][14]. - **Zinc**: The closing price of SHFE zinc main contract was 21860 with a daily increase of 0.07%. The LME zinc inventory decreased by 1375 tons. The trend strength is 0 [15][16]. - **Lead**: The closing price of SHFE lead main contract was 17065 with a decrease of 0.12%. The SHFE lead futures inventory decreased by 3450 tons. The trend strength is 0 [19]. - **Tin**: The closing price of SHFE tin main contract was 271,650 with a daily increase of 0.66%, and the night - session closing price was 272,950 with an increase of 0.51%. The trend strength is 0 [22][26]. - **Aluminum**: The closing price of SHFE aluminum main contract was 20705. The domestic aluminum ingot social inventory was 63.70 million tons. The trend strength of aluminum is 1, alumina is 0, and aluminum alloy is 1 [27][29]. - **Nickel and Stainless - steel**: The closing price of SHFE nickel main contract was 121,450, and that of stainless - steel main contract was 12,895. The trend strength of nickel and stainless - steel is 0 [30][36]. Energy and Chemicals - **Lithium Carbonate**: The closing price of the 2511 contract was 72,880. The pre - holiday restocking is coming to an end. The trend strength is 0 [37][39]. - **Industrial Silicon and Polysilicon**: The closing price of Si2511 was 9,020, and that of PS2511 was 51,380. The trend strength of industrial silicon is 0, and that of polysilicon is 1 [40][42]. - **Rebar and Hot - rolled Coil**: The closing price of RB2601 was 3,164, and that of HC2601 was 3,357. The trend strength of rebar and hot - rolled coil is 0 [46][49]. - **Ferrosilicon and Silicomanganese**: The closing price of ferrosilicon 2511 was 5742, and that of manganese silicon 2511 was 5900. The trend strength of ferrosilicon and silicomanganese is 0 [51][52]. - **Coke and Coking Coal**: The closing price of JM2601 was 1224.5, and that of J2601 was 1730. The trend strength of coke and coking coal is 0 [54]. - **Log**: The closing price of the 2511 contract was 807.5. The trend strength is 0 [57][59]. - **Para - xylene, PTA, and MEG**: Para - xylene and PTA will have short - term rebounds but remain weak in the medium term; MEG suggests a 1 - 5 month spread reverse arbitrage [2][60].

Core Viewpoint - China Minmetals Resources Co., Ltd. acquired the nickel business of Anglo American in Brazil for less than $500 million, leading to concerns from competitors about the concentration of nickel supply in China [1][3]. Group 1: Acquisition Details - The acquisition includes two mines and two processing plants with an annual capacity of 40,000 tons of nickel, primarily for the stainless steel industry [4][6]. - The deal is part of a global restructuring strategy for Anglo American, allowing them to simplify their portfolio and generate up to $500 million in revenue [6][7]. - China Minmetals aims to diversify its business and expand its footprint in Brazil, marking its first investment in the country [6][7]. Group 2: Competitor Reactions - Dutch mining company Corex, which bid $900 million for the same assets, expressed dissatisfaction over losing the bid and has requested explanations from Anglo American [1][3]. - The American Iron and Steel Institute has also raised concerns, claiming that the acquisition could lead to increased prices and instability in the supply chain for critical minerals [3][4]. - Corex and the American Iron and Steel Institute have reached out to the EU and the U.S. government to intervene against the deal, citing risks to supply chain security [1][3]. Group 3: Market Implications - The acquisition is seen as a strategic move as global nickel prices are currently low, and future demand is expected to rise due to the growth in the stainless steel and battery industries [6][7]. - Experts suggest that the execution capability and stable international operations of China Minmetals may have influenced the decision over higher bids from competitors [7].

Core Points - The U.S. Department of Defense's Strategic Capital Office (OSC) announced a direct loan of $150 million to MP Materials to enhance domestic heavy rare earth separation capabilities, signaling a move to decouple from China in critical mineral sectors [1][2][4] - This loan is part of a broader agreement between the Department of Defense and MP Materials, aimed at revitalizing the industrial base and securing critical mineral supply chains [1][4] - The funding comes from the "One Big Beautiful Bill Act," which provides $500 million in credit subsidies, potentially unlocking up to $100 billion in loans for critical mineral production and related projects [1][4] Industry Implications - The acceleration of "de-China" efforts in rare earths is crucial, as heavy rare earths are essential for military equipment, electric vehicles, and wind turbines, indicating a strategic shift in resource dependency [2] - The integration of defense and economic strategies is highlighted, with direct loans reinforcing the connection between economic security and military readiness [2][5] - There is a growing trend of reshoring industries, which may extend to sectors like semiconductors, energy, and military materials, intensifying competition between the U.S. and China in critical minerals [2]

Group 1 - The Albanese government unexpectedly approved Chinese investment in Australian lithium producer Liontown Resources, marking a shift in its previous stance against foreign investment in critical mineral projects [1][3] - Canmax Technologies, a Chinese battery mineral supplier, will acquire nearly 2% of Liontown for approximately AUD 50 million, while the National Reconstruction Fund Corporation also invested AUD 50 million in the same company [1][3] - The approval of Canmax's investment indicates a softening of the government's previous informal ban on Chinese investments in key mineral projects, which had been in place for most of Albanese's term [1][3] Group 2 - Liontown's spokesperson emphasized the strategic value of a diversified investor base, stating that the financing plan could attract various international investors [3] - The investment from Canmax is part of Liontown's AUD 266 million financing plan aimed at improving its balance sheet [1][3] - The Australian government plans to support critical mineral producers, particularly in rare earth projects, to reduce Beijing's dominance in the supply chain [3][5] Group 3 - China is the largest producer of most critical minerals, which are essential for global energy transition and military equipment manufacturing [4] - Fortescue, an iron ore exporter, announced it secured a loan of 3 billion RMB from several Chinese banks, marking the first time an Australian company has obtained a RMB-denominated syndicated loan [7][8] - The fixed interest rate for Fortescue's loan is 3.8%, the lowest cost of debt in the company's history, indicating a strong alignment with Chinese partners [9]

Core Viewpoint - The meeting between U.S. Secretary of State Rubio and foreign ministers from Australia, India, and Japan aims to strengthen cooperation in the Asia-Pacific region, particularly in the area of critical mineral supply chains [1][3]. Group 1: Strategic Cooperation - The four nations are initiating a "Quad Critical Minerals Action" to ensure the security and diversification of critical mineral supply chains, enhancing economic security and overall resilience [1]. - Rubio emphasized the importance of diversifying supply sources for key minerals, which are crucial for high-tech and various other industries [1][3]. Group 2: Concerns Over Supply Chain - The joint statement from the foreign ministers highlighted concerns over China's strengthened export controls on rare earths, which have raised serious worries about supply chain reliability [3]. - The four countries are wary of over-reliance on any single nation for resource supplies, which they believe could jeopardize national security [3]. Group 3: China's Position - China holds a dominant position in the global rare earth market, being a major producer and exporter, which has led to dissatisfaction among the U.S., Japan, India, and Australia regarding their dependence on Chinese supplies [3]. - China's recent amendments to its mineral resources law aim to enhance the security of its mineral resources and promote sustainable mining practices, reflecting a broader strategy to safeguard national interests [5][7]. Group 4: Regulatory Measures - China has implemented stricter controls on rare earths to combat issues like smuggling and illegal mining, reinforcing its commitment to national security in this critical sector [7]. - The Chinese government has established a tracking system for rare earth magnets, requiring producers to submit detailed transaction information to enhance oversight [7].

Core Viewpoint - The recent mineral agreement between the U.S. and the Democratic Republic of the Congo (DRC) aims to counter China's dominance in the critical mineral supply chain, particularly in copper and cobalt production [1][6]. Group 1: China's Dominance in DRC's Mining Sector - Chinese enterprises dominate the cobalt and copper projects in the DRC, accounting for 76% of the new production capacity added in the past seven years [2][4]. - The DRC has become the second-largest copper producer globally, surpassing Peru, with production expected to continue growing, potentially reaching its peak by 2028 [1][4]. Group 2: U.S. Involvement and Strategic Interests - The U.S. is seeking to diversify the DRC's partnerships in mineral extraction to reduce reliance on China, as indicated by the recent peace agreement signed between Rwanda and the DRC [6][7]. - The agreement includes provisions for opening up mineral resources to U.S. investments, focusing on integrating critical mineral supply chains [6][7]. Group 3: Future Prospects and Challenges - The demand for copper is projected to surge over the next 25 years, marking the beginning of a "copper century," with the DRC and Zambia identified as having significant export growth potential [4][6]. - Despite the potential, there are concerns that U.S. interest in large projects in the DRC remains low, which could hinder the country's economic transformation if it excludes Chinese investments [1][6].

Group 1 - Freeport-McMoRan's copper smelter in Arizona is one of the last three operating copper smelters in the U.S., highlighting the challenges faced in rebuilding the domestic mineral supply chain [1][3] - The U.S. has significant copper reserves, estimated at approximately 47 million tons, ranking seventh globally, yet the average time from discovery to production is 29 years, second only to Zambia [1][7] - The operational costs of U.S. smelters are about three times higher than those overseas, leading many miners to process copper abroad due to lower costs and higher capacity [1][3] Group 2 - The U.S. copper industry peaked in 1997 with 35 mines and 11 smelters producing 1.9 million tons of copper annually, but now only has 25 mines and 2 smelters [7] - China dominates the copper refining market, processing 44% of the world's copper and producing approximately 13 times more refined copper than the U.S. [6][7] - The Resolution copper project in Arizona has recently made progress after a lawsuit from indigenous groups was dismissed, and it has been prioritized for federal approval [4]

Group 1: Overview of the Situation - China is accelerating the review of export licenses for rare earths, which may impact the global supply chain [1][8] - Oklahoma has become a focal point for U.S. companies investing in critical mineral processing facilities, aiming to challenge China's dominance in rare earths [1][9] Group 2: Oklahoma's Ambitions and Challenges - Oklahoma is attracting significant investments, including the U.S.'s only nickel refinery and the largest lithium refinery, with plans for additional facilities [1][3] - Companies like Westwin Elements aim to produce 34,000 tons of nickel by 2030, claiming to meet 10% of U.S. nickel demand [3] - The state faces challenges such as a lack of local critical mineral resources, a significant talent gap, and transportation limitations due to its inland location [3][5] Group 3: U.S. Supply Chain Issues - The U.S. lacks commercially viable natural reserves of rare earths and has a fragmented supply chain that requires substantial time and investment to rebuild [5][11] - Few companies have the capacity to invest heavily and compete in a low-margin industry, leading to operational challenges for ambitious projects [5][11] Group 4: China's Competitive Advantage - China has developed a complete rare earth industry chain over three decades, with deep technological accumulation and high efficiency [7][11] - Even with new U.S. facilities, production levels are expected to remain significantly lower than China's, potentially less than 1% of China's 2018 output [7][11] Group 5: Political and Economic Implications - Trump's administration views the investments in Oklahoma as a way to alleviate domestic pressure and demonstrate efforts to reduce reliance on China [9][11] - U.S. companies are leveraging government focus on critical minerals to secure funding and policy support, indicating a strategic approach to their investments [9][11] Group 6: Future Outlook - The construction of a robust critical mineral supply chain in the U.S. will require long-term commitment and investment, with significant hurdles to overcome [11] - China's established position in the rare earth sector presents a formidable challenge for U.S. efforts to disrupt its dominance [11]