CNBC International TV
11 Aug 2026, 10:16 UTC · 11w ago
Sunrise CEO on Pentagon deal: Know the risk of relying on China
Impact · against what's priced in
Sunrise Energy Metals (SEM) receives a significant valuation catalyst through a $400 million DoD investment and the prospect of the first primary scandium mine. This reduces funding risk and provides strong sovereign validation for its strategic mineral project.
- SEM+0.80
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- In context
The $400 million investment from the U.S. Department of Defense provides immediate capital and validates the viability of developing the world's first primary scandium mine.
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