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What is the current price of scandium?

By Andrew Vasquez |

Scandium Price Chart

PRICECHNAGE
4332.96$US / Kg-287.04(-6.21%)

How do we get scandium?

Commercially, scandium is obtained as a by-product of uranium refining. Isotopes: Scandium has 13 isotopes whose half-lives are known, with mass numbers 40 to 52. Naturally occurring scandium consists of its one stable isotope, 45Sc.

How much does osmium cost?

Osmium is still not as expensive as Gold, being around $400 USD per ounce compared $1,300 USD per ounce.

How much scandium is used each year?

Events, Trends, and Issues: The global supply and consumption of scandium was estimated to be about 15 tons to 20 tons per year.

Why is scandium so expensive?

Owing to its scarcity and limited production, scandium is one of the most expensive of all the natural elements. During the rare earth shortage of 2010, the price for scandium metal soared from a few thousand US dollars to over US$ 15,000 per kilogram.

Is scandium a rare earth?

Scandium and yttrium are considered rare earth elements since they tend to occur in the same ore deposits as the lanthanides and exhibit similar chemical properties. While named rare earths, they are in fact not that rare and are relatively abundant in the Earth’s crust.

Is scandium rare?

How much does a kilogram of scandium cost?

Scandium Price: Owing to its scarcity and limited production, scandium is one of the most expensive of all the natural elements. Prices for 99.99% pure scandium (RE: 99% min. | Sc/TREM: 99.99% min.) have fluctuated between US$ 4000 and US$ 20,000 per kilogram over the past decade. Of course, because of the limited amount…

How much does 9 ounces of scandium weigh?

The entered price of “Scandium” per 9 ounces is equal to 4.99. Scandium weighs 2.989 gram per cubic centimeter or 2 989 kilogram per cubic meter, i.e. density of scandium is equal to 2 989 kg/m³; at 25°C (77°F or 298.15K) at standard atmospheric pressure .

What’s the price of SC 2 O 3 scandium?

The more widely commercially used form, scandium oxide (Sc 2 O 3 ), meanwhile, was being offered at prices of over US$ 7000/kg. In the half decade following that period of significant price gains, however, limited demand and steady production has resulted in the price of scandium falling back towards its 20-year average.

Is there a futures market for scandium products?

As this 2014 white paper from Scandium International notes, there’s no terminal or futures markets where interested buyers and sellers can set a price either, although there are some online sellers that offer small amounts of scandium products.