Sunrise Energy Metals’ scandium project gets $400M conditional loan from US Department of War
Writer: Amanda Stutt |
Date: 2026-08-08 00:22:00
This text was initially revealed by MINING.COM. The title and a quick excerpt are supplied for informational and reference functions. Readers ought to go to the unique writer for the entire article, supporting context, pictures, and any subsequent updates.
The Division of Battle’s Workplace of Strategic Capital (OSC) introduced Friday a $400 million conditional mortgage dedication to Dawn Vitality Metals (ASX: SRL) to construct out the corporate’s scandium operations in New South Wales, Australia.
The corporate is backed by mining billionaire Robert Friedland, who mentioned the Syerston undertaking “would be the world’s first supply of major mine provide for scandium end-users”.
Scandium is presently harvested…
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