AUZ 0.00% 2.6¢ australian mines limited

Originally posted by KablooeyNo use continuing with something...

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    Relatively high as in compared to the average such as the dirt under your feet. Not relatively high as in compared to other other nickel/cobalt deposits. You will find all deposits should have relatively high %'s of these similar metals.

    The partnership with India is to open further potential revenue streams for the scandium not magnesium. My understanding is the extraction of scandium is a minor additional cost on top of the nickel & cobalt, but could potentially produce large revenues down the track depending on demand/uptake which is where the India partnership comes into play. Extracting the other metals would be much more costly, so the deposit of these would need to be extremely high to be economic rather than just relatively high.
 
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