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Metallica Minerals' sale of SCONI scandium-cobalt project goes unconditional

Metallica Minerals Ltd.'s previously announced sale of its SCONI scandium-cobalt project in Queensland, Australia, to Australian Mines Ltd. is now unconditional.

Australian Mines will pay a further nonrefundable amount of A$1.0 million within two business days for the amendment, according to the Dec. 4 release.

The companies expect the deal to be completed on Dec. 8.