Senior Managing Director Woodley Preucil and Director of Critical Minerals Research Lachlan Nieboer discuss with legendary mining entrepreneur Robert Friedland and CEO Sam Riggall the investment opportunity of a lifetime with Sunrise Energy Metals, and why the scandium market is poised for explosive growth.
Scandium is essential for advancements in 21st century technologies across the transportation, aerospace, defense, communications, and energy sectors. Scandium supply chains are a single point of failure for global advanced telecommunications networks and military weapons systems. China controls over 90% of global refined scandium production and has been restricting exports since April 2025. The U.S. has not produced scandium domestically since 1969.
In August, the U.S. Department of War's Office of Strategic Capital offered a $400 million conditional loan to ASX-listed Sunrise Energy Metals to derisk the world's very first primary scandium mine, now under construction in New South Wales, Australia. Preparations for a U.S. listing are now underway. The U.S.-China tech-arms race is escalating and Sunrise Energy Metals is in the catbird seat.
