CENTENNIAL, Colo., Oct. 05, 2017 (GLOBE NEWSWIRE) — A new analysis by a specialty metals expert finds that scandium-contained aluminum alloys can deliver in the range of $9 million in net present value savings to airline operators for every mid-body airliner because of the metal’s ability to lightweight jets, reduce or eliminate the use of rivets, and reduce fuel consumption.
Not quite word for word but it is what I did write for a potential scandium miner some 13 years ago.
The difference here being that this guys has to say that the aircraft would still make money with Sc2O3 at $3,500 a kg. Which is 3.5 times the current price. And he’s predicting a price rise as production moves from 10 tonnes a year to 400 tonnes a year.
Umm, yes, well, if you say so.