The Global Scandium Metal Market was valued at USD 63 Million in 2022 and is projected to reach USD 120.1 Million by 2029, growing at a Compound Annual Growth Rate (CAGR) of 9.7% during the forecast period (2022–2029). This growth is being driven by increasing demand from aerospace alloys, solid oxide fuel cells, and high-intensity lighting applications across commercial and defense sectors.

As advanced material technologies evolve toward lightweight, high-strength components and sustainable energy solutions, the spotlight shines on key producers who are driving innovation, supply chain development, and advanced material applications. In this blog, we profile the Top 10 Companies in the Scandium Metal Industry—a mix of integrated mining corporations, specialized chemical processors, and alloy developers shaping the future of high-performance materials.

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🔟 1. Rusal

Headquarters: Moscow, Russia
Key Offering: High-Purity Scandium Oxide, Scandium Metal Ingots

Rusal is one of the world’s largest aluminum producers and a significant player in the scandium market through its integrated production capabilities. The company produces scandium from red mud waste streams generated during aluminum refining, positioning itself as a cost-effective supplier for global markets.

Innovation Initiatives:

• Scandium extraction from alumina production byproducts
• Development of aluminum-scandium master alloys for aerospace applications
• Strategic partnerships with Western aerospace manufacturers

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9️⃣ 2. Stanford Materials

Headquarters: Irvine, California, USA
Key Offering: 99.9%-99.999% Pure Scandium Metal, Sc-Al Alloys

Stanford Materials specializes in high-purity rare earth metals and has established itself as a reliable supplier of scandium products. The company offers various purity grades to meet specific application requirements across different industries.

Innovation Initiatives:

• Advanced purification technologies for ultra-high purity scandium
• Custom alloy development for specialized applications

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8️⃣ 3. Metallica Minerals

Headquarters: Brisbane, Australia
Key Offering: Scandium Oxide, Sc-Al Master Alloys

Metallica Minerals focuses on developing the SCONI (Scandium Cobalt Nickel) project in Queensland. The company aims to become a major producer by leveraging Australia’s significant scandium resources.

Innovation Initiatives:

• Development of scandium-cobalt-nickel laterite deposits
• Pilot plant operations for scandium oxide production

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7️⃣ 4. Sumitomo Metal Mining (SMM)

Headquarters: Tokyo, Japan
Key Offering: High-Purity Scandium Metal, Aluminum-Scandium Alloys

Sumitomo Metal Mining is a diversified mining and smelting company with scandium production capabilities. Their expertise in metal processing enables them to produce consistent quality scandium products for demanding applications.

Innovation Initiatives:

• Integrated production from mine to high-purity metal
• Collaboration with Japanese aerospace and automotive industries

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6️⃣ 5. MCC (Minmetals Corporation)

Headquarters: Beijing, China
Key Offering: Scandium Oxide (99.9%-99.99%), Scandium Metal

MCC is one of China’s largest state-owned metals and mining enterprises with significant scandium production capacity. The company leverages China’s rare earth processing infrastructure for efficient production.

Innovation Initiatives:

• Extensive R&D in scandium applications and production methods
• Vertical integration from raw materials to finished scandium products

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5️⃣ 6. CODOS

Headquarters: Moscow, Russia
Key Offering: Scandium Concentrates, High-Purity Scandium

CODOS is a Russian mineral resource company focused on developing scandium projects in the Urals region. Their focus on sustainable mining practices and efficient extraction technologies positions them as a key future supplier.

Innovation Initiatives:

• Exploration of new scandium-bearing mineral deposits
• Development of cost-effective scandium production processes

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4️⃣ 7. Hunan Oriental Scandium

Headquarters: Hunan, China
Key Offering: Scandium Oxide (99.9%), Sc Metal Powders

Hunan Oriental Scandium specializes in scandium production and has established significant processing capabilities. The company plays a crucial role in China’s domestic scandium supply chain.

Innovation Initiatives:

• Advanced hydrometallurgical processing techniques
• Production capacity expansion to meet growing market demand

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3️⃣ 8. Huizhou Top Metal Materials (TOPM)

Headquarters: Huizhou, China
Key Offering: Aluminum-Scandium Alloys, High-Purity Scandium Products

Huizhou TOPM focuses on high-value scandium products including master alloys for the aerospace and defense sectors.

Innovation Initiatives:

• Development of specialized scandium alloys for specific applications
• Quality control systems ensuring consistent product specifications

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2️⃣ 9. Rongjiayu Technology

Headquarters: Ganzhou, China
Key Offering: Scandium Oxide, Sc Metal, Custom Alloy Development

Rongjiayu Technology has emerged as a significant player in China’s scandium industry. The company focuses on both domestic supply and international market expansion.

Innovation Initiatives:

• Research into new scandium applications and market opportunities
• Strategic positioning within China’s comprehensive rare earth industrial system

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1️⃣ 10. DNI Metals

Headquarters: Toronto, Canada
Key Offering: Scandium-Enriched Products, R&D Services

DNI Metals is advancing its Buckton Scandium Project in Ontario, which represents one of North America’s most promising scandium deposits.

Innovation Initiatives:

• Development of North American scandium supply chain
• Focus on environmentally sustainable extraction methods

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

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🌍 Outlook: The Future of Scandium Metal Is High-Performance and Diversified

The scandium metal market is experiencing significant transformation as traditional applications expand and new opportunities emerge across multiple industries. While aerospace alloys continue to drive significant demand, the industry is investing in developing new applications and expanding production capabilities.

📈 Key Trends Shaping the Market:

• Rising adoption in lightweight aerospace and automotive components
• Growing demand for solid oxide fuel cells in clean energy applications
• Expansion of production capacity in China, Russia, and emerging markets
• Increasing government support for critical materials and strategic metals development

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

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