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Mining industry

Australian Mines Limited Secures Approvals for Drilling at High-Grade Scandium Resource in New South Wales

Strategic Insights

— 1 min read

Australian Mines Limited ("Australian Mines" or "the Company") has secured regulatory approvals to commence drilling at its Flemington Scandium-Nickel-Cobalt Project in New South Wales, paving the way for a ~1,000m program. The drilling campaign aims to test a large geophysical anomaly at the project, which has not been adequately tested by previous drilling. Flemington currently hosts one of the world's highest-grade JORC compliant scandium resources, creating a powerful synergy with Australian Mines' proprietary metal hydride development for hydrogen storage.

Key Takeaways:

  • Australian Mines has secured regulatory approvals to commence drilling at its Flemington Scandium-Nickel-Cobalt Project in New South Wales.
  • The drilling campaign will focus on testing a large geophysical anomaly at the project, which has not been adequately tested by previous drilling.
  • Flemington currently hosts a JORC 2012 Mineral Resource of 6.3Mt @ 446ppm scandium (Sc) at a 300ppm cut-off, within a broader 28Mt @ 217ppm Sc at a 100ppm cut-off.
  • The Company has achieved recent success with its proprietary scandium-doped metal hydride compositions, demonstrating strong potential for safe, efficient, and low-cost hydrogen storage.
  • The Flemington Scandium-Nickel-Cobalt Project represents a jurisdictionally secure pathway for potential scandium production and downstream collaboration.
  • Recent Chinese policy moves elevate the strategic value of non-Chinese scandium, underscoring the importance of diversified, non-Chinese sources of rare earths.

Statistics:

  • ~1,000m drilling program planned at the Flemington Scandium-Nickel-Cobalt Project.
  • 6.3Mt @ 446ppm scandium (Sc) at a 300ppm cut-off JORC 2012 Mineral Resource at Flemington.
  • 28Mt @ 217ppm Sc at a 100ppm cut-off JORC 2012 Mineral Resource at Flemington.
  • 9 October 2025: China's Ministry of Commerce issued Announcement No. 62/2025 implementing export-control licensing on rare-earth-related technologies.

Sources:

  • Australian Mines Limited (2023) - Various communications, including news releases and company reports.

Note: The exact date of the communications is not specified in the source material.

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