Latest Scandium Market News

Sunrise Energy Metals has confirmed strong economics for its Syerston Scandium Project with a US$120 million feasibility study, targeting 60 tonnes per year of scandium oxide and potential expansion to 180 tonnes. The project benefits from US government financing interest and rising global demand amid Chinese export restrictions.

Conico Ltd has finalised a major recapitalisation and corporate restructure, positioning itself for renewed exploration with a focus on scandium amid strong market demand. The company plans an extensive drilling program at its Mt Thirsty project to expand its scandium resource.

Sunrise Energy Metals advances its Syerston Scandium Project with a robust updated Ore Reserve supporting a 32-year mine life, alongside significant financing commitments and a strategic offtake option with Lockheed Martin.

Clean TeQ Water has landed a $665,160 engineering contract with Sunrise Energy Metals to update key designs for the Syerston Scandium Project, supporting a crucial investment decision.

Sunrise Energy Metals has raised A$32.5 million through a follow-on placement, advancing its flagship Syerston Scandium Project toward mid-2026 construction. This latest capital injection builds on a total of A$105 million raised since June 2025, underscoring strong investor confidence amid growing scandium demand.

Rimfire Pacific Mining has completed 54 air core holes at its Murga Exploration Target, with assays due mid-January and a maiden mineral resource estimate expected in March 2026. The program aims to expand Rimfire’s scandium inventory in Australia’s Fifield district.

Rimfire Pacific Mining has initiated an infill air core drilling program at its Murga Exploration Target in NSW’s Fifield District, aiming to advance its scandium resource potential with results expected in early 2026.

Sunrise Energy Metals has raised A$46 million through a strategic placement to advance pre-construction at its flagship Syerston Scandium Project, positioning itself as a key player in the scandium market amid supply uncertainties.

Sunrise Energy Metals has nearly doubled its scandium resource at the Syerston Project and attracted significant US government financing interest, underscoring the strategic value of its critical minerals assets amid tightening global supply.

Sunrise Energy Metals has attracted a significant financing interest from the U.S. Export-Import Bank, potentially securing half the capital needed for its Syerston Scandium Project amid shifting global supply dynamics.

Sunrise Energy Metals has revealed fresh assay results from its latest drilling campaign at the Syerston scandium deposit, confirming expanded zones of high-grade mineralisation. These findings bolster the company’s resource base ahead of an updated feasibility study.

Sunrise Energy Metals has reported promising assay results from its latest drilling campaign at the Syerston Scandium Project, revealing multiple new zones of high-grade scandium mineralisation. These findings come as global scandium supply tightens following recent Chinese export restrictions.