SCANDIUM OXIDE SC21

Valuable material for the production of permanent magnets.

Scandium oxide belongs to the group of rare earths. Compared to other metal markets, the scandium market is relatively small with an estimated annual demand of 10 to 15 tpa. Due to the massive expansion of renewable energies, however, a supply gap of around 740% of annual production in 2018 is assumed for 2040.

Scandium oxide was from Lars Fredrik Nilson discovered.

Special properties:High melting point, high refractive index, high dielectric constant and low leakage current
Application areas:Automotive catalytic converters, petroleum refinery catalytic converters, metallurgical additives and alloys, glass polishing and ceramics, phosphors, permanent magnets, lasers and medical applications, others
Future Technologies:Aerospace, solid oxide fuel cells, energy storage, next generation electronics

PROPERTIES

VALUE

item category

transition metals

thermal conductivity

1.81 10⁶ kg/m³

electric conductivity

16 s/m

density

2,985 kg/m³

melting point

2.327°C

Scandium oxide is likely to continue to be an important material for a range of future technologies, particularly in the aerospace, energy and electronics sectors. Its unique properties make it a valuable material for the manufacture of high performance alloys, fuel cells, energy storage and electronic components. However, scandium's limited availability and high cost mean that it is likely to remain a niche material for specialized applications.

boiling point

2,730°C

Scandium oxide is a compound that contains the rare earth metal scandium and is used in a variety of high-tech applications because of its unique properties.

Scandium is a rare earth metal that is widely used in the aerospace and energy sectors due to its unique properties. Scandium oxide is a compound that contains scandium and is used in a variety of high-tech applications. The demand for scandium oxide is highly dependent on the demand for scandium, which is relatively low due to its rarity. As a result, the price of scandium oxide can be quite volatile and is subject to fluctuations in supply and demand. In recent years, the price of scandium oxide has generally increased. In 2018, the price of scandium oxide was around US$2,000 per kilogram, but by 2020, it had increased to over US$3,000 per kilogram. This price increase was primarily due to increased demand for scandium in the aerospace and energy sectors, as well as supply chain disruptions resulting from the COVID-19 pandemic. Overall, demand for scandium oxide is expected to continue to be impacted by trends in the aerospace and energy industries, as well as general trends in the global economy and supply chain disruptions. The high cost of scandium production and the limited availability of the metal mean that it is likely to remain a niche material for specialty applications.