Originally posted by T.E.P.:
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Dr Stephen Grocott, Australian Institute of Mining and Metallurgy Presentation, November 2019:
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Will Ayre, a London-based consultant at CRU Group. “The aerospace industry is one of the obvious sectors where scandium consumption might increase dramatically. Tiny reductions in aircraft weight can lead to significant fuel cost reductions.”
The current market for scandium oxide is about 15 to 20 metric tons a year, and a switch by the airline industry to replace 30 percent of aluminum consumption with aluminum-scandium alloys could lift demand to about 80 tons a year, according to Ayre.https://www.japantimes.co.jp/news/2018/10/25/business/corporate-business/common-moon-rocks-metal-scandium-transform-planes-cars/#.XfwjTkczaUk
(20min delay)