The NSW laterite clay belt holds a unique production advantage, with high-grade significant resource size, and a single product focus that can quickly bring supply to market at prices that will promote absorption and growth. What are scandium's uses? What is scandium's value proposition in these applications? Aluminum-scandium alloys will likely be priced at double the cost of typical transportation alloys the 2X and 5X family of Al alloys , but they will offer up to twice the strength, full weldability, and corrosion resistance in wrought alloys that aircraft manufacturers can utilize to save weight, cut build costs, and extend airframe life.
Automotive usage is more likely to begin in the cast alloy applications engine components due to heat tolerance and creep resistance characteristics, rather than wrought applications based on strength and construction attributes.
The best designed SOFC's today are based on scandia-stabilized zirconia electrolytes, and scandium is the best known doping agent for this purpose, improving power density, lowering operating temperatures considerably, and extending unit life to 10 years 10X.
Where can I get more information about scandium and its uses? Click here to find a more detailed discussion of scandium. Announces Midway Gold Corp. Besides scandium oxide, other products include scandium chloride, scandium iodide, scandium fluoride and scandium acetate. Scandium iodide is added to halide light bulbs in order to help simulate natural sunlight.
Despite those barriers, it is possible to get some insight into the scandium price. Additionally, the US Geological Survey puts out data on the subject each year. The organization prices scandium products by the gram, with prices as follows:. Prices are estimates as per the latest US Geological Survey report on scandium, and are based on 5-gram sample sizes. It then sees prices falling again as a result of oversupply from new western operations cropping up between and There are a number of variables involved, so only time will tell if these predictions come to fruition.
What do you think will happen with the scandium price? This is an updated version of an article originally published by Investing News Network in Securities Disclosure: I, Amanda Kay, hold no direct investment interest in any company mentioned in this article.
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And remember you can unsubscribe at any time. I am wholly confused by your presentation format for production, open to many interpretations. About 20 kilograms 44 pounds of scandium oxide Sc 2 O 3 , also known as scandia, are used each year in the United States in the production of high intensity lights.
Scandium iodide ScI 3 is added to mercury vapor lamps so that they will emit light that closely resembles sunlight. Estimated Crustal Abundance : 2. Number of Stable Isotopes : 1 View all isotope data. Electron Shell Configuration :. Scandium Previous Isotopes Next.
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