Pentagon ploughs $560 million into ‘world-first’ Australian mining project
2 sources·Updated August 8, 2026
Covered by 2 sources
- ABC Just In AU·1h agoPentagon to invest $560m in NSW critical minerals project
The Pentagon is investing more than half a billion dollars to expand an Australian critical mineral project poised to become the world's first scandium mine.
Read at ABC Just In AU → - Sydney Morning Herald·7h agoPentagon 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.
Read at Sydney Morning Herald →
