Aug 8, 2026 – 6.38amWashington | ASX-listed Sunrise Energy Metals has won a $US400 million ($566 million) loan from the Pentagon to progress its scandium project in central-west NSW as US President Donald Trump announced billions in new funding for critical minerals ventures.At a roundtable of over 100 mining executives in Washington, DC, on Friday (Saturday AEST) Trump announced his administration would invest more than $US2 billion in funding for companies producing batteries and critical minerals.Subscribe to gift this articleGift 5 articles to anyone you choose each month when you subscribe.Subscribe nowAlready a subscriber? Fetching latest articles