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An announcement from Sunrise Energy Metals Limited ( (AU:SRL) ) is now available.
Sunrise Energy Metals Limited has updated the Mineral Resource Estimate for its Syerston Scandium Project in New South Wales, confirming a significant global scandium resource. The update supports the potential for a standalone scandium mine and processing facility, addressing Western dependency on Chinese scandium supply. The company is engaging with potential end-users and partners to inform the project’s development scope, with an emphasis on offtake discussions that will guide the feasibility study.
More about Sunrise Energy Metals Limited
Sunrise Energy Metals Limited operates in the energy metals industry, focusing on the extraction and processing of scandium. The company is involved in the development of advanced alloys and semiconductors, with a market focus that includes partnerships in the US and Asia.
YTD Price Performance: 62.50%
Average Trading Volume: 5,401
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: $13.72M
Find detailed analytics on SRL stock on TipRanks’ Stock Analysis page.
