The British Columbia-based company discovered scandium, rubidium, and cesium at its Granada Gold Mine property in Quebec.

Canada can leverage its mining and processing expertise as well as its natural resource endowment and its world-leading environmental, social, and governance credentials.

Project in New South Wales is one of the largest nickel/cobalt deposits in the world and one of the largest and highest grade accumulations of scandium ever discovered.

The scandium oxide will be supplied from a new plant the global miner is building in Quebec.

Earlier this month, the US Department of Defense awarded $30 million in funds to build a facility in Texas to Lynas.

Company has been renamed Perpetua Resources Corp. and granted a Nasdaq listing.

Shatford Lake is five kilometres southwest of the Tanco mine, an LCT-type pegmatite that has produced cesium and tantalum.