Sunrise Energy Metals will spend $US322 million ($456 million) building the world’s first dedicated scandium mine in NSW, taking total investment in Australian critical minerals projects above $3 billion this year.
The decision to push ahead with a scandium mine on Sunrise’s Syerston lease, near the NSW town of Fifield in the central west of the state, completes a remarkable revival of a project that had languished for most of the past 13 years as a nickel and cobalt project .
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