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Sunrise Energy Metals Advances Syerston Scandium Project with US$120 Million Feasibility and Expansion Plans
10:16am on Tuesday 21st of April, 2026 AEST
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Mining
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Sunrise Energy Metals Advances Syerston Scandium Project with US$120 Million Feasibility and Expansion Plans
10:16am on Tuesday 21st of April, 2026 AEST
Key Points
Feasibility study confirms US$120 million capital cost for 60 tpa scandium oxide
Projected life-of-mine cash costs at US$534/kg position Syerston as low-cost producer
US Export-Import Bank letter of interest for up to US$67 million financing
Early works underway with construction targeted from mid-2026
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