The Global Scandium Oxide Market was valued at USD 68 Million in 2022 and is projected to reach USD 86 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 3.4% during the forecast period (2023-2029). This growth is being driven by increasing demand from aerospace applications, rising adoption in solid oxide fuel cells, and the accelerating development of high-performance aluminum-scandium alloys across commercial aviation, defense, and additive manufacturing sectors.

As advanced materials undergo rapid transformation toward enhanced performance and sustainable manufacturing, the spotlight is on the key producers and suppliers who are driving innovation, supply chain stability, and technological advancement. In this blog, we profile the Top 10 Companies in the Scandium Oxide Industry—a mix of mining companies, technology developers, and rare earth specialists shaping the future of this critical specialty metal.

---

🔟 1. Rusal

Headquarters: Moscow, Russia
Key Offering: Scandium Oxide (99.9% to 99.999%), Aluminum-Scandium Master Alloys

Rusal is among the world’s leading scandium oxide producers, leveraging its extensive bauxite and alumina operations to extract scandium as a by-product. Their scandium products are utilized in aerospace components, sporting equipment, and advanced electronics, supported by substantial investments in purification technologies and production scaling.

Innovation Initiatives:

• Proprietary scandium extraction from red mud

• Strategic partnerships with global aerospace manufacturers

• Developing next-generation aluminum-scandium alloys for 3D printing applications

Download FREE Sample Report: Scandium Oxide Market – View in Detailed Research Report

---

9️⃣ 2. Stanford Materials

Headquarters: Irvine, California, USA
Key Offering: High-Purity Scandium Oxide (99.99%-99.9995%)

Stanford Materials operates as a specialist supplier of high-purity rare earth materials and metals. The company maintains a diverse portfolio of scandium oxide grades tailored for specific industrial applications including ceramics, lasers, and alloy development.

Innovation Initiatives:

• Advanced purification technology development

• Customized scandium compound development for research institutions

---

8️⃣ 3. Metallica Minerals

Headquarters: Brisbane, Australia
Key Offering: Scandium Oxide from its flagship SCONI Project

Metallica Minerals focuses on advancing its SCONI scandium-cobalt-nickel project in Queensland. The company’s strategy centers on becoming a vertically integrated scandium producer with capabilities spanning mining, processing, and application development.

Innovation Initiatives:

• Developing one of Australia’s first dedicated scandium mines

• Partnering with alloy manufacturers for commercial deployment

---

7️⃣ 4. Platina Resources

Headquarters: West Perth, Australia
Key Offering: Scandium Oxide concentrates and purified products

Platina Resources is advancing the Owendale Scandium Project in New South Wales, which represents one of the largest and highest-grade scandium deposits globally.

Innovation Initiatives:

• Metallurgical test work for optimized extraction processes

• Engaging with international partners for downstream processing and marketing

Download FREE Sample Report: Scandium Oxide Market – View in Detailed Research Report

---

6️⃣ 5. Scandium International Mining

Headquarters: Reno, Nevada, USA
Key Offering: Scandium Oxide, Nickel-Cobalt-Scandium concentrates

Scandium International Mining Corp. is focused on developing its Nyngan Scandium Project in New South Wales, Australia. The company aims to establish a secure, long-term supply of high-purity scandium oxide to global markets.

Innovation Initiatives:

• First-mover advantage in North American scandium production

• Developing proprietary processing technologies for cost-effective production

---

5️⃣ 6. DNI Metals

Headquarters: Toronto, Canada
Key Offering: Scandium-rich laterite ores and processing expertise

DNI Metals is developing its Cabo Norte Scandium Project in Brazil, which contains significant scandium resources. The company is developing efficient extraction methods to serve growing market demands.

Innovation Initiatives:

• Exploring sustainable mining practices for rare earth elements

• Engaging with technology partners for advanced materials development

---

4️⃣ 7. Great Western Minerals Group

Headquarters: Saskatoon, Canada
Key Offering: High-purity scandium oxide and rare earth compounds

Great Western Minerals Group specializes in the production of rare earth alloys and metals, including scandium-based products for specialized industrial applications.

Innovation Initiatives:

• Advanced metallurgical processing capabilities

• Focus on sustainable and environmentally responsible production methods

---

3️⃣ 8. Intermix-Met

Headquarters: Kiev, Ukraine
Key Offering: Scandium oxide, zirconium-scandium master alloys

Intermix-Met leverages Ukraine’s significant rare earth resources to produce high-purity scandium products for global markets.

Innovation Initiatives:

• Developing specialized scandium alloys for aerospace applications

• Strategic partnerships with European research institutions for material development

---

2️⃣ 9. CODOS

Headquarters: Moscow, Russia
Key Offering: High-purity scandium oxide for technical ceramics and electronics applications.

Innovation Initiatives:

• Advanced purification and quality control processes

• Focus on developing cost-effective production methods for broader market adoption

---

1️⃣ 10. Hunan Oriental Scandium

Headquarters: Changsha, China
Key Offering: Scandium oxide in various purity grades

Hunan Oriental Scandium specializes in the production and distribution of scandium products, serving both domestic Chinese markets and international customers across multiple industries.

Innovation Initiatives:

• Developing specialized scandium compounds for laser and lighting applications

• Strategic focus on expanding production capacity to meet growing market demand

Get Full Report Here: Scandium Oxide Market – View in Detailed Research Report

---

🌍 Outlook: The Future of Scandium Oxide Is High-Performance and Sustainable

The scandium oxide market is undergoing a significant transformation. While traditional applications still drive current demand, the industry is investing heavily in advanced materials development, extraction technologies, and sustainable production methods.

📈 Key Trends Shaping the Market:

• Rising demand for aluminum-scandium alloys in aerospace and automotive lightweighting

• Accelerating adoption of solid oxide fuel cells for clean energy generation

• Development of efficient scandium extraction from industrial by-products

• Strategic partnerships between producers and end-users to ensure supply chain security

Get Full Report Here: Scandium Oxide Market – View in Detailed Research Report

The companies listed above are not only supplying critical materials—they’re spearheading the advanced materials revolution across multiple industries.