Australian Scandium Supply – A Paradigm Shift for a Strategic Metal
Aluminum-scandium alloys exhibit unparalleled performance across key functional properties, including low density, excellent corrosion resistance, improved weldability and increased thermal conductivity. These attributes make Al-Sc alloys one of the most promising candidates for use in high performance, light-weight materials across a wide range of applications in aerospace and other industries.
Yet, today, Al-Sc alloy remains a material used in only niche applications, due to both supply constraints and cost. The presentation will examine a number of features of the global scandium market that have hindered its development and resulted in extremely high costs of production and a fragmented supply chain.
The presentation will focus on a number of scandium projects announced in Australia in recent years and their potential to redefine the global scandium market. Clean TeQ’s Syerston Project in Australia will be presented as a case study to demonstrate some of the development steps required to bring these sources of supply to market.
The presentation will demonstrate that these large, high-grade and geologically unique resources provide the global aerospace sector with an opportunity to secure reliable, long-term and low-cost scandium oxide from developed world sources for decades to come, and at prices that make Al-Sc alloys readily substitutable with current generation alloys. To achieve that outcome both customers and suppliers will need to work collaboratively to deliver a value proposition that is compelling for the aerospace sector.