Macro Finance
Australian Scandium Miner Soars After $400M US Investment
Bloomberg Markets·August 11, 2026·1 min read
Sunrise Energy Metals secured $400 million in long-term debt financing from the Pentagon to expand scandium production, a rare earth element vital to aerospace and defense. The deal underscores Washington's push to diversify supply chains away from China. CEO Sam Riggall discussed the business implications on Bloomberg.
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