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Scandium is a rare metal found in the Earth's crust, and is used in a variety of industries. It is a silvery-white metal that is light and strong, making it ideal for use in aerospace and automotive applications. It is also used in the production of high-performance alloys, and is becoming increasingly popular in the production of LED lighting. Scandium is also used in the production of fuel cells, and is becoming an important component in the development of green energy.
Scandium is primarily mined in Russia, China, and Australia, and is also produced as a by-product of uranium mining. The demand for scandium is increasing, driven by its use in the production of high-performance alloys and LED lighting.
Companies in the scandium market include Umicore, Alkane Resources, and Scandium International Mining Corporation. Show Less Read more