Sunrise greenlights major NSW scandium mine

Scandium mine approval takes critical mineral investment above $3b

A new scandium mine approval in NSW means more than $3b of critical minerals projects have gone ahead in Australia this year, and the tally could yet top $4b.

Sunrise greenlights major NSW scandium mine

The Syerston Scandium Project in central-west New South Wales. Image: Sunrise Energy Metals.Sunrise Energy Metals has approved a final investment decision (FID) for its Syerston Scandium Project in central-west New South Wales, paving the way for development of what the company describes as the world’s first major primary scandium mine. The decision clears the project to move into construction, with early works underway and first commercial prod…

Sunrise Energy Metals Shares Sink 8% Days After Syerston Scandium Investment Decision as Slide Deepens

Sunrise Energy Metals shares fell 8.24% after the company approved construction of its Syerston scandium project, amid broader market weakness and uncertainty over its Nasdaq move.

Sunrise FID opens new chapter for scandium investors - Australian Resources & Investment

Breaking ground at the Syerston project. Image: Sunrise Energy MetalsThe final investment decision (FID) for the Syerston scandium project in New South Wales has positioned Sunrise Energy Metals (ASX: SRL) to become a major supplier of a critical mineral facing growing demand and limited global production. The decision marks a significant investment milestone for Sunrise, which is targeting first commercial production in the second […] The post …

Billionaire Friedland approves $322 million scandium mine

Robert Friedland’s Sunrise Energy Metals will build the $322 million Syerston scandium mine in Australia, backed by up to $400 million in conditional U.S. debt.

Sunrise gives green light to landmark scandium project - Mining Magazine Australia

Image: RHJ/stock.adobe.comSunrise Energy Metals has approved development of its $US322 million Syerston Scandium Project in New South Wales, advancing plans to establish what could become the world’s first major primary scandium […]