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Pentagon to invest in Australian rare earth mine - Latest News
A remote Australian town will become a "cornerstone" of the Western supply of scandium, a rare earth needed for defense, planes and data centers, miner Sunrise Energy Metals said on Aug. 8 after a $400 million U.S. pledge.
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afr.com
Trump reveals $566m loan for NSW critical minerals mine
Donald Trump announced billions in critical minerals funding including a $566 million loan for a scandium mine in central-west NSW owned by Sunrise Energy Metals.
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theage.com.au
Pentagon ploughs $560 million into ‘world-first’ Australian mining project
Nearly all scandium – a critical mineral used in fighter jets – comes from China, Russia and Ukraine. Now the US and its weapons contractor intend to get it from Australia.
