Australian Scandium Miner Soars After $400M US Investment

Bloomberg Markets•Tue, Aug 11, 2026, 04:32 AM•2 min read

Sunrise Energy Metals has secured $400 million in long-term debt financing from the Pentagon to expand production of scandium, a rare earth element vital to aerospace and defense. The deal underscores Washington's push to diversify supply chains away from China. Sunrise Energy Metals CEO Sam Ri...

Source: [Bloomberg Markets](https://www.bloomberg.com/news/videos/2026-08-11/081126-australia-ahead-video)

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