Scandium production could be increased to about 2000 tons per year

A new super alloy is as strong as Titanium but as light as Aluminum, and currently needs 27% Scandium. The primary source of Scandium, estimated by one aspiring market participant to be 3.5 tonnes per annum, is in oxide form from old Soviet stockpiles. Other sources of the metal — in oxide form and as a byproduct (around 2.5 tonnes per annum of scandium oxide ) from China, Ukraine and Russia.

Scandium has fairly extensive supplies in coal and other materials that are already mined.

Scandium is expensive right now. The price is up about 4 times from the middle of 2011 Scandium is used for some aluminum alloys, fuel cells and some kinds of lighting.

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