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Sunday, July 22, 2018 1:39:52 PM
In a 2017 feasibility study for its Elk Creek niobium-scandium-titanium project, NioCorp Developments (TSXV:NB) pegs pricing for scandium oxide at US$3,500 per kilogram. Scandium International puts scandium oxide prices between $3,000 to over $5,000, depending on product quality and purity, among other things.Jun 11, 2018
Pricing insights:
Despite those barriers, it is possible to get some insight into the scandium price. In a 2017 feasibility study for its Elk Creek niobium-scandium-titanium project, NioCorp Developments (TSXV:NB) pegs pricing for scandium oxide at US$3,500 per kilogram. Scandium International puts scandium oxide prices between $3,000 to over $5,000, depending on product quality and purity, among other things.
Additionally, the US Geological Survey puts out data on the subject each year. The organization prices scandium products by the gram, with prices as follows:
99.9 percent purity scandium acetate: US$44 per gram
99.9 percent purity scandium chloride: US$124 per gram
99.9 percent purity scandium fluoride: US$277 per gram
99.999 percent purity scandium iodide: US$183 per gram
99.99 percent purity scandium oxide: US$4.60 per gram
Prices are 2017 estimates as per the latest US Geological Survey report on scandium, and are based on 5-gram sample sizes. The source used was Alfa Aesar, a Johnson Matthey (LSE:JMAT) company.
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