Clean TeQ to supply scandium oxide to Panasonic Corporation Global Procurement Company

Clean TeQ announced it would collaborate with Panasonic Corporation Global Procurement Company to develop applications for scandium aluminium alloys for the latter’s consumer and electronics products.

Clean TeQ and Panasonic have also signed a binding scandium offtake heads of agreement. Under the agreement, Clean TeQ will supply up to five tonnes per annum of scandium oxide from its Sunrise Project in Australia.

Clean TeQ’s Chief Executive Officer, Sam Riggall, said, “We are seeing strong interest in scandium-aluminium alloys from a range of industries. Scandium allows us to create a new generation of aluminium alloys with unrivalled functionality – alloys that are stronger, lighter, corrosion-resistant and weldable.  As the largest resource in the world of this rare metal, Clean TeQ Sunrise is expected to become an important source of global supply for decades to come. We are pleased to have initiated this relationship with Panasonic and hope that it will result in new design and engineering opportunities for Panasonic’s diverse product range.”

Clean TeQ said the collaboration is consistent with its long term strategy to work with established industry players to investigate and develop new applications for scandium-aluminium alloys.

Clean TeQ will support Panasonic research and development in investigating the functional and commercial benefits of using scandium-containing aluminium alloys for certain applications in consumer and electronic products, Clean TeQ said.

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