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Sunrise Energy Metals ( (AU:SRL) ) has shared an announcement.
Sunrise Energy Metals has received a Letter of Interest from the U.S. Export-Import Bank for potential financing of up to US$67 million for its Syerston Scandium Project in New South Wales, Australia. This support underscores the strategic importance of scandium, especially following China’s export controls on rare earth metals, and positions Sunrise Energy Metals as a key player in securing reliable supply chains for U.S. industries. The feasibility study for the project is expected to be completed by mid- to late-October 2025, which will aid in finalizing off-take arrangements and making a final investment decision.
The most recent analyst rating on (AU:SRL) stock is a Hold with a A$1.50 price target. To see the full list of analyst forecasts on Sunrise Energy Metals stock, see the AU:SRL Stock Forecast page.
More about Sunrise Energy Metals
Sunrise Energy Metals Limited is a company operating in the metals and mining industry, focusing on the development of strategic metals projects. Its primary product is scandium, a rare earth metal, with a significant market focus on enhancing supply chain resiliency for industries in the United States and other allied nations.
YTD Price Performance: 1134.04%
Average Trading Volume: 490,409
Technical Sentiment Signal: Buy
Current Market Cap: A$341.7M
For an in-depth examination of SRL stock, go to TipRanks’ Overview page.