Scandium is present in most of the deposits of rare-earth and uranium compounds, but it is extracted from these ores in only a few mines worldwide. Because of the low availability and difficulties in the preparation of metallic scandium, which was first done in 1937, applications for scandium were not developed until the 1970s, when the positive effects of scandium on aluminium alloys were discovered. To this day, its use in such alloys remains its only major application. The global trade of scandium oxide is 15–20 tonnes per year.[11]
The properties of scandium compounds are intermediate between those of aluminium and yttrium. A diagonal relationship exists between the behavior of magnesium and scandium, just as there is between beryllium and aluminium. In the chemical compounds of the elements in group 3, the predominant oxidation state is +3.