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Overview

EMC Metals Corp. (EMC) is a mining and metals development company, focused on the exploration and development of specialty metals projects globally.
The Company is currently focused on scandium and tungsten, specifically on two projects:
  • Nyngan Scandium Project in NSW, Australia (50% earn-in right), and
  • Springer Tungsten Mine in Nevada, USA (100% owned, not operating).
In addition to these two primary projects, the Company also is pursuing scandium exploration globally through controlled ground in Utah (Fairfield property), in southern Norway (Tordal property and Evje-Iveland property), and in central Norway (Hogtuva property).
  • These 100% controlled exploration targets are intended to augment the scandium market potential of the Nyngan project (50%), and
  • The Norwegian properties may also be targets for other specialty metals, such as yttrium, beryllium, tin, and tantalum, along with various rare earth elements (REE's).
The Company also holds a 100% interest in the Carlin Vanadium property in Nevada, USA. This property contains a substantial vanadium resource that offers solid development opportunity as markets develop.

Strategy Summary

  • Develop Nyngan Scandium Project (50/50 JV)
    • Feasibility study-complete by Q1 2012
    • Satisfy earn-in requirements to 50% equity
    • Plant construction commences in 2012
    • First scandium oxide production in 2013

  • Capture value in Springer Tungsten facility
    • Sale process underway, Laurentian Bank is lead, with other investment banks supporting in Japan and China
    • Options include re-start by EMC , JV with third parties, or outright sale

  • Progress other scandium exploration properties
    • Fast track Norwegian pegmatite targets - identify early 'hot spots'
    • Sample Utah property to confirm historic occurrences
    • Identify and pursue other primary scandium resource targets

 
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