Sunrise Energy Metals Limited (AU:SRL) has released an update.
Sunrise Energy Metals Limited is set to update the 2016 feasibility study of their Syerston Scandium Project, driven by the growing demand for scandium in tech industries and recent regulatory changes in China’s rare earths market. The update will reassess the potential for a stand-alone scandium operation in Australia, with the company also advancing pilot trials for aluminum-scandium alloys in the US for automotive use. These developments, coupled with strategic interest in western scandium sources, underscore the metal’s increasing importance in semiconductor and aerospace applications.
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