US Eyes Funding for Friedland-Backed Syerston Scandium Project

Post Views: 395 Syerston scandium project US Interest in Funding Syerston Scandium Project Sunrise Energy Metals, backed by Robert Friedland, is seeking a $67 million loan from the Export-Import Bank of the United States (EXIM) for its Syerston scandium project. This loan would cover roughly half of the project’s development costs. Located 450 km west of Sydney, the Syerston project contains one of the world’s largest and highest-grade scandium deposits. Recent resource updates show nearly 46 million tonnes at 414 parts per million, doubling the contained scandium to 19,000 tonnes. EXIM’s inte...