BusinessAugust 21, 2026
scandium
SKAN-dee-um
Definition
A rare metallic chemical element often categorized as a critical mineral, used in high-performance alloys and technology applications.
Etymology
Named after Scandinavia, where the element was first discovered in minerals like euxenite and gadolinite by Swedish chemist Lars Fredrik Nilson in 1879.
In the news
Scandium is mentioned as the specific target mineral for a new mine funded by government backing, highlighting the government's role in financing specialized mineral projects.
Government cash reshaping mining finance: report
Read the full article ↗The Northern Miner