This post was originally published on this site. Robert Friedland-backed Sunrise Energy Metals (ASX) has approved construction of its Syerston scandium project in Australia, advancing plans to establish the world’s first major primary source of the critical mineral outside China. The company expects to begin producing high-purity scandium oxide at the mine and refinery in New South Wales in the second half of 2028, ramping up to 60 tonnes annually. The project carries an estimated development cost of $322 million, with construction and commissioning expected to take 24 months. “Our decision to proceed with development of the Syerston Scandium Project...
November 2, 2026November 2, 2026
![[Aggregator] Downloaded image for imported item #25813 Nvidia, Costco and Nike join pushback against OKX–ICE tokenized stock plans](https://coindaily.org/wp-content/uploads/2026/11/5edaabfa8b7541835109ec0ac755c451f9b8f2c4-2760x1518-1-580x400.jpg)
![[Aggregator] Downloaded image for imported item #25817 Anthropic swings to third quarter operating loss as compute costs surge ahead of IPO](https://coindaily.org/wp-content/uploads/2026/11/e1c6b75a8b74bc87b66e15947b85122a0ef80c34-960x640-1-580x400.jpg)
![[Aggregator] Downloaded image for imported item #25821 Standard Chartered debuts tokenized deposits in Hong Kong for corporate clients](https://coindaily.org/wp-content/uploads/2026/11/0c4371e3df1e8374f8bace4a1a551cf026f0b0b7-4000x2667-1-580x400.jpg)
![[Aggregator] Downloaded image for imported item #25825 Crypto’s Washington playbook is working. Don’t abandon it now.](https://coindaily.org/wp-content/uploads/2026/11/a8aaaf73324d5d1b4633392e553570d367809338-6000x3136-1-580x400.jpg)
![[Aggregator] Downloaded image for imported item #25830 Friedland takes aim at China’s scandium grip with US-backed mine](https://coindaily.org/wp-content/uploads/2026/11/Syerston-scandium-project-860x478.png)
![[Aggregator] Downloaded image for imported item #25836 SpaceX has big wireless dreams — and Boost Mobile may be its shortcut](https://coindaily.org/wp-content/uploads/2026/11/im-64486734-860x574.avif)
![[Aggregator] Downloaded image for imported item #25833 My wife and I are in our 70s. Should we pay off our 2.5% mortgage or invest in a stock market driven by AI?](https://coindaily.org/wp-content/uploads/2026/11/im-65126339-860x574.avif)
![[Aggregator] Downloaded image for imported item #25830 Friedland takes aim at China’s scandium grip with US-backed mine](https://coindaily.org/wp-content/uploads/2026/11/Syerston-scandium-project-580x400.png)