Latest Energy Metals News

Sunrise Energy Metals has raised A$46 million through a strategic placement to advance pre-construction at its flagship Syerston Scandium Project, positioning itself as a key player in the scandium market amid supply uncertainties.

Bindi Metals has agreed to farm out up to 90% of its Schryburt Lake rare earth project to Canamera Energy Metals, marking a significant step in advancing the asset with staged funding commitments.

Basin Energy has engaged contractors and secured land access to begin maiden drilling at its Sybella-Barkly project, targeting uranium and rare earth elements with government support. The program aims to test district-scale sediment-hosted and paleochannel targets in Queensland.

Basin Energy has acquired NeoDys Limited, gaining a substantial uranium and rare earth exploration package in Queensland, and launched a $1.25 million capital raise to fund maiden drilling in late 2025.

Rimfire Pacific Mining is set to begin an 85-hole infill drilling program at its Murga Exploration Target, aiming to convert it into a mineral resource by early 2026 and significantly expand its scandium inventory.

Energy Metals Limited reports promising high-grade uranium intersections from recent drilling at its Ngalia Regional Project, supported by a robust cash position and a strengthening uranium market.

Lithium Universe Limited has secured exclusive rights to a breakthrough silver extraction technology from Macquarie University, promising high-purity silver recovery from solar panels while preserving valuable silicon wafers. This innovation complements their existing recycling and lithium refining strategies in North America.

Sunrise Energy Metals has nearly doubled its scandium resource at the Syerston Project and attracted significant US government financing interest, underscoring the strategic value of its critical minerals assets amid tightening global supply.

Sunrise Energy Metals has secured a strategic partnership with Lockheed Martin, granting the defense giant an option to purchase a quarter of scandium production from the Syerston Project over five years, aiming to boost scandium adoption in aerospace and defense.

Energy Metals Limited has reported promising uranium mineralisation from recent drilling at its Walbiri South and Penrynth prospects in the Northern Territory’s Ngalia Basin, highlighting potential for economic deposits.

Sunrise Energy Metals secures renewed interest from the US Export-Import Bank for substantial debt financing, reinforcing the strategic importance of its Syerston Scandium Project amid a landmark US-Australia minerals pact.

Sunrise Energy Metals has announced a significant 87% increase in the Ore Reserve Estimate for its Syerston Scandium Project, underpinning a 32-year mine life with steady scandium oxide production. The update comes amid tightening Chinese export controls, positioning the project as a critical non-Chinese scandium supply source.