Scandium International Mining Announces Grant of New Mining Lease at Nyngan Scandium Project

Reno, Nevada–(ACN Newswire – October 10, 2025) – Scandium International Mining Corp. (TSXV: SCY) (OTC Pink: SCYYF(“Scandium International” or the “Company“is pleased to reveal that the Department of Primary Industrials and Regional Development – NSW Resources (“the Department“has actually given 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 given in complete satisfaction of Mining Lease Application No 531 (Act 1992) on October 7, bringing an end to an application evaluation procedure covering more than 9 years.

The grant of ML 1893 (Act 1992) represents a significant turning point for the Nyngan Scandium Project (“the Project“and supplies the regulative certainty needed for the Company to advance continuous discussions relating to tactical collaborations, offtake agreements, and in due course funding the task and taking the Final Investment Decision (FID).

“This Mining Lease marks the culmination of extensive technical, environmental and regulatory work and we express our appreciation to the Department for its assistance and cooperation during the application review process. It really could not have come at a better time as Western countries and companies are now focusing on the supply of critical metals including scandium.” stated Peter Evensen, Chief Executive Officer. “With this mining lease now in place on the entire deposit, the Company is well-positioned to progress towards construction and eventual production in line with the Project’s design parameters.” EMC plans to upgrade its Defined Feasibility Study (“DFS“in due course to show capital and functional effectiveness along with possible to top-quality and client requirements.”

The existing DFS:

• is developed as a little surface area mining operation, recuperating roughly 75,000 t of limonite ore from the resource each year,

• The typical limonite scandium head grade to the mill center over 20 years is 409ppm (before prospective high-grading efforts).

• The Project advancement and commissioning schedule consists of a one year building duration, and an overall 24 month ramp-up duration to reach nameplate capability of 75,000 heaps annually ore throughput and around 38,500 kg of scandium oxide item annually, grading 98 to 99.9% Sc2O3.

• The 20 year mine life of the name plate capability will utilize less than 20% of the whole Mineral Resource Estimate.

Mr. Evensen continued: “The advantages of scandium have actually been understood for numerous years, nevertheless, previously there has actually not been a trustworthy and plentiful prospective supply source of scandium beyond China and Russia or depending on other product rates as a spin-off.

In the previous twelve months, the Western world has actually made it a tactical top priority to establish robust crucial mineral supply chains that are not depending on a single country as a pinch point.

My view, like when the Evensen household initially purchased the Company in 2014, is the Nyngan Scandium Project in addition to our peers in New South Wales offers the most financial main source of supply of scandium to that robust supply.

The shovel-ready Nyngan Scandium Project is prepared to fulfill western need for scandium in existing usage cases along with emerging usage cases being established consisting of semiconductors, solid-state batteries, and defense applications.”

ML 1893 (Act 1992) has actually been approved for a preliminary regard to 21 years up until October 2046 upon which time the operator of the job can obtain renewal and supersedes the underlapping Mining Lease No 1792 (Act 1992), improving EMC’s capability to establish the Project throughout its complete mine footprint style.

Found 20 km west of Nyngan area in New South Wales, the Nyngan Scandium Project is placed to end up being the world’s very first main scandium-mining job. Scandium is a high-value metal with a growing market need and is classified as an important mineral by the Australian, Canadian and United States federal governments.

The advancement of the Project likewise provides a considerable chance for New South Wales to end up being a world leader for financial investment in sustainable mining of crucial minerals.

Cautionary Note Regarding Forward-Looking Information

This press release consists of particular details that might be considered “forward-looking information”Positive details can usually be recognized by the usage of positive terms such as “may” “will” “expect” “intend” “believe” “continue” “plans” or comparable terms, or unfavorable undertones thereof. All details in this release, aside from details of historic realities, basic future strategies and goals for the Company and the Nyngan Scandium Project, are positive info that include numerous threats and unpredictabilities. The Company thinks that the expectations revealed in such positive info are based on affordable presumptions, such expectations are not warranties of future efficiency and real outcomes or advancements might vary materially from those in the positive details.

For more details on the Company and the crucial presumptions, dangers and difficulties with regard to the positive info talked about herein, and about our service in basic, financiers need to evaluate the Company’s most just recently submitted yearly info type, and other constant disclosure filings which are readily available at www.scandiummining.com Readers are warned not to put unnecessary reliance on positive info. The Company does not carry out to upgrade any positive details, other than in accordance with appropriate securities laws.

To see the source variation of this news release, please see https://www.newsfilecorp.com/release/269834

Subject: Press release summary