The Global High Purity Scandium Metal Market was valued at USD 44.1 Million in 2024 and is projected to reach USD 61.5 Million by 2032, growing at a Compound Annual Growth Rate (CAGR) of 5.0% during the forecast period (2024–2032). This growth is being driven by surging demand from the aerospace sector for lightweight alloys, expanding applications in solid oxide fuel cells (SOFCs), and technological advancements in extraction and purification processes.

As industries worldwide push for enhanced performance and sustainability, high-purity scandium is becoming a critical enabler for next-generation materials. In this blog, we profile the Top 10 Companies in the High Purity Scandium Metal Industry—a mix of established miners, advanced materials specialists, and research-driven entities shaping the future of this niche but vital market.

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🔟 1. Huizhou Top Metal Materials Co., Ltd.

Headquarters: Huizhou, Guangdong, China
Key Offering: Scandium Metal (99.9%-99.999%), Scandium Oxide, Scandium-Aluminum Alloys

Huizhou Top Metal Materials is a dominant force in the global scandium supply chain, recognized for its vertically integrated operations from raw material processing to high-purity metal production. The company serves critical sectors including aerospace, defense, and advanced electronics with its consistent quality and scalable output. Recent capacity expansions have solidified its position as a primary supplier to both domestic Chinese and international markets.

Strategic Initiatives:

• 25% expansion of 99.999% purity production capacity in 2024
• Long-term offtake agreements with major aerospace manufacturers
• Investment in solvent extraction technology to improve yield and reduce costs

Download FREE Sample Report: High Purity Scandium Metal Market – View in Detailed Research Report

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9️⃣ 2. GRINM Group Co., Ltd. (General Research Institute for Nonferrous Metals)

Headquarters: Beijing, China
Key Offering: High Purity Scandium (4N-5N), Rare Earth Alloys, Advanced Material R&D

GRINM leverages its profound research heritage to be a technology leader in scandium metallurgy. As a state-backed research institute turned commercial producer, it focuses on developing high-value applications, particularly scandium-stabilized zirconia for SOFCs and specialized alloys for the defense sector. Its R&D pipeline is a significant source of innovation for the industry.

Strategic Initiatives:

• Pioneering scandium recovery from titanium dioxide waste streams
• Leading government-funded projects on critical material supply chain security
• Development of next-generation scandium-aluminum alloys for additive manufacturing

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8️⃣ 3. Stanford Materials Corporation

Headquarters: Irvine, California, USA
Key Offering: Scandium Metal Ingots & Powder (99.99%-99.999%), Rare Earth Metals

Stanford Materials Corp. is a key supplier in North America, specializing in high-performance materials for demanding applications. The company has carved a niche by providing reliable, high-purity scandium to the defense and aerospace industries, with a strong focus on customer-specific alloy development and technical support.

Strategic Initiatives:

• Strategic focus on the North American defense and aerospace supply chain
• 18% year-over-year revenue growth in scandium segment reported in Q2 2024
• Expansion of powder metallurgy capabilities for additive manufacturing

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7️⃣ 4. RUSAL (United Company RUSAL Plc)

Headquarters: Moscow, Russia
Key Offering: Scandium-enriched Aluminum Master Alloys, Primary Aluminum

RUSAL, one of the world’s largest aluminum producers, is a significant player through its production of scandium-aluminum master alloys. By integrating scandium into its primary aluminum production, RUSAL offers a cost-effective solution for manufacturers seeking to enhance the properties of aluminum components, particularly in transportation.

Strategic Initiatives:

• Partnerships with European aerospace companies for alloy development
• Utilization of scandium co-produced from existing alumina refining operations
• Focus on scaling master alloy production to meet automotive and aerospace demand

Download FREE Sample Report: High Purity Scandium Metal Market – View in Detailed Research Report

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6️⃣ 5. Platina Resources Ltd.

Headquarters: West Perth, Australia
Key Offering: Scandium Oxide, Development-stage Scandium Projects

Platina Resources is an ASX-listed company focused on developing the flagship Scandium Project in New South Wales, Australia. Positioned to become a major independent supplier outside of China, the company is advancing one of the highest-grade scandium deposits globally towards production.

Strategic Initiatives:

• Advanced feasibility study for the NSW Scandium Project
• Securing additional mining rights to augment resource base
• Engaging with potential off-takers in Asia and North America

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5️⃣ 6. Scandium International Mining Corp.

Headquarters: Vancouver, Canada
Key Offering: Scandium Oxide, Project Development Expertise

Scandium International Mining Corp. is dedicated to becoming a primary, non-Chinese source of scandium. The company holds strategic patents on processing technology and is developing its Nyngan Scandium Project in Australia, aiming to provide a stable, long-term supply to the global market.

Strategic Initiatives:

• Focus on establishing a fully permitted, environmentally sound production facility
• Development of proprietary hydrometallurgical processes for efficient extraction
• Building partnerships for downstream alloy production and application development

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4️⃣ 7. Hunan Oriental Scandium Co., Ltd.

Headquarters: Hunan, China
Key Offering: Scandium Oxide, Scandium Metal, Rare Earth Products

Hunan Oriental Scandium is a significant Chinese producer with integrated operations spanning from ore processing to high-purity metal. The company benefits from proximity to rare earth resources and has established a strong reputation for supplying the domestic electronics and ceramics industries.

Strategic Initiatives:

• Expansion of metal production capacity to meet growing alloy demand
• Investment in automation to enhance product consistency and purity levels
• Strengthening distribution networks across Southeast Asia

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3️⃣ 8. Metall Rare Earth Limited

Headquarters: Guangdong, China
Key Offering: Scandium Metal (3N-5N), Rare Earth Metals and Compounds

Metall Rare Earth is a versatile supplier in the global rare earth market, with a dedicated scandium product line. The company caters to a diverse clientele, from research institutions requiring small, high-purity samples to industrial customers needing bulk quantities for alloy production.

Strategic Initiatives:

• Flexible production capable of custom purity specifications
• Strong export orientation to European and North American markets
• Investment in quality control systems to meet international standards

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2️⃣ 9. Shanghai Sheeny Metal Materials Co., Ltd.

Headquarters: Shanghai, China
Key Offering: Scandium Powder, Scandium Ingots, Sputtering Targets

Shanghai Sheeny Metal Materials specializes in high-purity metal forms, including scandium powder for additive manufacturing and sputtering targets for thin-film deposition. The company serves the high-tech sector, including electronics, optics, and research and development laboratories worldwide.

Strategic Initiatives:

• Development of ultra-fine, spherical scandium powder for 3D printing applications
• Certification to supply scandium materials for semiconductor manufacturing
• Expansion of online sales platform to reach a global customer base

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1️⃣ 10. American Elements Corporation

Headquarters: Los Angeles, California, USA
Key Offering: Scandium Metal, Oxide, and Compounds in various purities and forms

American Elements is a global manufacturer and distributor of engineered and advanced materials, including a comprehensive portfolio of scandium products. While not a primary producer, it plays a crucial role as a logistics and distribution hub, making high-purity scandium accessible to a wide range of end-users, from university labs to Fortune 500 companies.

Strategic Initiatives:

• Maintaining one of the industry’s largest readily available scandium inventories
• Providing custom chemical compositions and nanoscale materials
• Extensive online catalog and technical data support for researchers and engineers

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

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🔬 Outlook: The Future of High Purity Scandium is High-Tech and High-Growth

The high purity scandium market is transitioning from a niche specialty metal to a strategically important material for advanced industries. While current production volumes are modest, projected demand growth necessitates significant investment in new primary production capacity and processing technologies.

📈 Key Trends Shaping the Market:

• Rapid adoption of Sc-Al alloys in aerospace for weight reduction and fuel efficiency
• Accelerating deployment of scandium-containing solid oxide fuel cells for clean energy
• Geopolitical shifts driving investment in scandium supply chains outside of Asia
• Advancements in additive manufacturing creating new demand for scandium-modified powders

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

The companies listed above are not only supplying a critical material—they are enabling the next wave of technological innovation across aerospace, energy, and advanced manufacturing.