CLQ: A Multibagger in the Making [2019 Bull Run], page-453

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Australia's mine development company Clean TeQ Holdings Ltd wants to sell the rights to develop Rem (Rare Earth Metals) mines to foreign countries, and the Japanese, Chinese and European companies are keen on the acquisition of rights


Aluminum, which is expected to be used as a material for lighter weight of a vehicle, can have a strength of about 1.5 times as high as that of a high-strength steel sheet "Hi-Ten" by adding a small amount of scandium, And it is expected to receive a lot of attention as a very competitive material.Scandium is a rare rare earth that can only be extracted in small amounts from rare metal ores such as nickel and is only 12 tons per year. Production sites are located in China and Russia. The price has been so high that its use has been limited to fighter aircraft. However, if scandium production in Australia is full-fledged, it could be a material revolution supporting aluminum demand, an Australian company said.The company plans to open up technology patents to automobile manufacturers and to open up new demand with the aim of developing new technology of aluminum alloy that added scandium to automobile recently. As for aluminum alloys with scandium added, it is anticipated that the use of European Airbus will be in the verification stage of commercialization in the aircraft industry.With the proliferation of EVs expected in China and Europe, the importance of ensuring the stability of scarce resources such as cobalt, lithium, and nickel, which are indispensable for the manufacture of batteries for EVs, is increasing. The prices of cobalt and nickel are now at low prices, but it is expected that after a few years of full-scale EV demand,Source: NewsTown (http://www.newstown.co.kr)