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U.S. Bets $400 Million on Australian Scandium Miner to Break China's Grip | OilPrice.com
Sunrise Energy Metals shares jumped 29% after the U.S. Department of War pledged a $400 million loan for its Australian scandium project.
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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.
