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Subject: Marketeting a large amount of scandium
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Date: 09/19/01 at 5:04 AM
Posted by: Mike Fewster
In Reply to: Re: What is the size of the scandium market? posted by Tim Worstall on 08/28/01 at 6:39 AM:
I manage a small company based in western Australia. We have recently discovered a remarkable polymetallic deposit here in WA which contains a very large amount of sc oxide (2,500 to 5,000 mt) at very good grades (probably 200 to 300 gm/t). I also think that the production costs will be very low; initial work indicates that a mining operation will be profitable from revenue from other commodities produced (basemetal, gold, REE, U etc). Our best guess at present is that between 200 and 350 Mt of scandium oxide would be produced each year for up to 15 years.
I would apreciate comments from people in the scandium industry as to the best way to market the large amount of scandium that we will produce?
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