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Tuesday, October 03, 2017 7:45:50 AM
Interesting publication Dr Matheson yesterday on scandium market, supply dynamics, application areas and future pricing. https://www.linkedin.com/pulse/scandium-saving-money-transportation-andrew-matheson
Not only is Dr. Matheson a Cambridge Ph.D. in theoretic physics and a Harvard MBA, but his company (Nanoscale Powders) is developing a process to manufacture specialty metal powders, based on patented metallurgical and chemical technology. In this regard, he is currently working with some very large aerospace companies – and with the U.S. DoD.
Message here we need all the scandium that can be produced including the Australian scandium. Pent up demand remains much larger than current planned global production forecasts. Prices will be around 3500/kg and will be rising in future. Please read the publication before shooting the messenger.
Mark Smith recognizes the need for more scandium resources above the 103T of Niocorp. . Reliable supply key for ( the airline) industry to change aircraft design and production. Minimal of 300 T per year are needed. Downstream savings for industry are huge. Biggest issue to make Australians understand that they need to price not according to production cost but based on the potential downstream savings (like CBBM does for Niobium). Global scandium demand will outstrip supply for the foreseeable future.
Of course share very undervalued. See comments of others on impending marketing and promotional activities to industry, investors and general public.
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