Australian rare earth miner surges as much as 29% after U.S. Department of War investment
2 sources·Updated August 10, 2026
Covered by 2 sources
- Bloomberg Technology·2h agoAustralian Scandium Miner Secures $400 Million US Investment
Mining entrepreneur Robert Friedland discusses his backing of Sunrise Energy Metals Ltd., an Australian scandium miner which secured as much as $400 million in long-term debt financing from the US Department of War. He speaks on Bloomberg Television. (Source: Bloomberg)
Read at Bloomberg Technology → - CNBC Top News·5h agoAustralian rare earth miner surges as much as 29% after U.S. Department of War investment
The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical-minerals dominance.
Read at CNBC Top News →
