Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: Haim R. Branisteanu who wrote (147971)	4/25/2019 7:19:02 PM
From: Elroy Jetson	1 Recommendation Recommended By elmatador Read Replies (1) \| Respond to of 218231

Scandium did once sell for $270,000 per kilo, but it's not very rare, just infrequently produced because of low demand. Today a Kilogram of pure Scandium metal ranges in price from $3,000 for 99.9% alloy purity — to $10,000 for 99.999% electrical device purity. If the demand for Scandium at these prices increased,so would the supply of Scandium because most mines don't bother processing their mine tailings for Scandium. About 25% of the annual production comes from nickel mines in the Philippines. Ores with a high percentage of Scandium in Norway and Madagascar aren't even being mined, because few believe these's currently enough demand to justify setting up a mine. This chunk of Thortveitite, a high grade ore (Sc,Y)2Si2O7 of Scandium, Yttrium Silicate is not much to look at. It;s relatively easy to extract Scandium Oxide, then make Scandium Fluoride ScF3, which is reduced to pure Scandium metal using pure calcium metal to create Scandium and Calcium fluorite