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Australian Mines confirms partnership with Metalysis

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Australian Mines confirms partnership with Metalysis

  • Aug. 08,2018

With the aim to accelerate revenue generation and shareholder value at the flagship project Sconi in Queensland, the metals explorer Australian Mines (ASX: AUZ) confirms its partnership deal with UK-based technology company Metalysis. The company intends to commercialise the high-purity scandium oxide through this partnership that could command higher revenue margins and serve as better final products for end-users.

The company believes this agreement should add positively to the ongoing research and development programme around "a solid-state process to produce a low-cost yet superior aluminium-scandium alloy for potential use by the automotive and aerospace industries".


Originally invented by the University of Cambridge and then commercialised by Metalysis, this innovative solid-state process has already proven the fact that it can produce an aluminium-scandium master alloy with 15 times more scandium than any other conventional industrial processes.


If Australian Mines can successfully utilise this process, then it would be able to produce scandium-rich master alloys that contain 30 per cent scandium metal, while generating a 93 per cent reduction in the amount of scandium master alloy required for producing the final aluminium-scandium products for end-users.


This novel process would ultimately result in manufacturing more efficient product at lower cost thereby, positioning Australian Mines as a global leader in the emerging light-weight alloy sector. More informationfs at FASTEST.


Xiamen Fastest Technology Co., Ltd, which is located in the Xiamen China, is a developer and manufacturer of aluminum extrusion profiles. Our extrusion factory covers land over 50 thousand m2, with annual output over 30 thousand tons of aluminum products. The factory is equipped with advanced fully automated production line. For Eight of years manufacture and management experience, we have got ISO9001:2000 and ISO14001 certificates. The company invested heavily on the full-automated production lines in recent years. For aluminum extrusion plant, we own Extrusion of Aluminum assembly line with 580T,920T,1460T,2600T,3600T, matches Large Sized Special aging oven. We’d build up surface treatment lines like aluminum anodizing, powder coating and electrophoretic painting line, Processing sets include: punch,drilling,machine,contouring machine,grinding machine,cutting machine,spot welding,gas shield weld,CNC machine and bending machine. FASTEST will be one of leading aluminum extrusion manufacturers in China. The aluminum product line cover widely, from Aluminum Window and Door Profile System, Curtain Wall System, LED Aluminum Products, Heat Sink Aluminum Extrusion, Display Products, Aluminum Shutter Profile, Aluminum Tube, Aluminum Folding Camping table, Die-cast Aluminum Products, Aluminum Angle to Aluminum Tube, Solar Mounting System etc...

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