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Updated · Bloomberg · May 19Terrafame Studies Scandium Output in Finland, Eyeing Europe’s Sole Supply Source
1 articles · Updated · Bloomberg · May 19
- Terrafame has launched a pre-feasibility study on producing scandium in Finland from a side stream at its existing uranium recovery plant.
- The move targets a metal used in sectors including defense, as Europe pushes to secure supplies of critical minerals.
- If the project proceeds, the Trafigura-backed company said it would become Europe’s only scandium producer.
Terrafame is turning uranium byproduct into a critical metal. Is this a green-tech breakthrough or a risky environmental gamble? Can one Finnish plant break China's stranglehold on the rare metals vital for Europe's defense and tech industries?