BUSINESSFINANCIAL TIMES WORLD
US backs Australian rare earth miner to cut out China
US backing is aimed at helping an Australian rare earth miner to reduce reliance on China. The financial support came from the Trump administration, which provided a $400 million loan for developing a scandium project, causing Sunrise Energy shares to soar.
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- Australian Scandium Miner Soars After $400 Million US Investment
- US rare earths flow to Asia as domestic demand is slow to emerge
- Australia punts on pushing China out of rare‑earths projects
- US faces new pressure to build weapons without China's rare earth magnets
- US faces new pressure to build weapons without China's rare earth magnets