Mineral Resource Estimate doubles contained scandium metal at Sunrise Energy Metals' Australian rare earths deposit
Sunrise Energy Metals (ASX:SRL) announced a significant update to its Mineral Resource Estimate at the Syerston Scandium Project in NSW, Australia. The company reported a 98% increase in contained scandium metal to 19,007 tonnes at an average grade of 414 g/t using a 300 g/t cut-off. The high-grade resource saw a 161% increase to 1,155 tonnes at 665 g/t using a 600 g/t cut-off.
The update comes amid tightening scandium supply following China's export licensing restrictions implemented in April 2025. The company's Feasibility Study is scheduled for completion in late September 2025, supporting ongoing financing and offtake discussions. Over 90% of the global resource and 99% of the high-grade resource are now in Measured and Indicated categories.
Sunrise Energy Metals (ASX:SRL) ha comunicato un aggiornamento significativo della sua stima delle risorse minerarie per il progetto Syerston Scandium in NSW, Australia. La società ha riportato un aumento del 98% del contenuto di scandio metallico, che arriva a 19.007 tonnellate con una grade media di 414 g/t usando un cut-off di 300 g/t. La risorsa ad alto tenore è cresciuta del 161%, raggiungendo 1.155 tonnellate a 665 g/t con un cut-off di 600 g/t.
L'aggiornamento arriva in un contesto di offerta di scandio in contrazione dopo le restrizioni alle licenze di esportazione introdotte dalla Cina nell'aprile 2025. Lo studio di fattibilità della società è previsto per la fine di settembre 2025 e supporterà le discussioni in corso su finanziamento e offtake. Oltre il 90% della risorsa globale e il 99% della risorsa ad alto tenore sono ora classificati nelle categorie Misurate e Indicate.
Sunrise Energy Metals (ASX:SRL) anunció una actualización significativa de su estimación de recursos minerales en el proyecto Syerston Scandium en NSW, Australia. La compañía informó un aumento del 98% en el contenido de metal escandio, hasta 19.007 toneladas con una ley media de 414 g/t usando un corte de 300 g/t. El recurso de alto grado presentó un incremento del 161%, alcanzando 1.155 toneladas a 665 g/t con un corte de 600 g/t.
La actualización se produce en medio de un endurecimiento del suministro de escandio tras las restricciones de licencias de exportación impuestas por China en abril de 2025. El estudio de factibilidad de la compañía está previsto para fines de septiembre de 2025 y respaldará las conversaciones en curso sobre financiación y acuerdos de offtake. Más del 90% del recurso global y el 99% del recurso de alto grado se encuentran ahora en las categorías Medida e Indicada.
Sunrise Energy Metals (ASX:SRL)는 호주 NSW에 있는 Syerston 스칸듐 프로젝트의 자원 추정치에 대한 중요한 업데이트를 발표했습니다. 회사는 300 g/t 컷오프 기준 평균 등급 414 g/t로 금속 스칸듐 함량이 98% 증가하여 19,007톤에 달했다고 보고했습니다. 고등급 자원은 600 g/t 컷오프 기준 665 g/t로 161% 증가해 1,155톤을 기록했습니다.
이번 업데이트는 2025년 4월 중국이 시행한 수출 허가 제한으로 스칸듐 공급이 타이트해지는 상황에서 나왔습니다. 회사의 타당성 조사 보고서는 2025년 9월 말 완료될 예정이며, 이는 진행 중인 자금 조달 및 오프테이크 논의를 지원할 것입니다. 전 세계 자원의 90% 이상과 고등급 자원의 99%가 이제 측정(Measured) 및 지정(Indicated) 범주에 속합니다.
Sunrise Energy Metals (ASX:SRL) a annoncé une mise à jour significative de son estimation des ressources minérales pour le projet Syerston Scandium en NSW, Australie. La société a déclaré une augmentation de 98% du scandium métallique contenu, atteignant 19 007 tonnes à une teneur moyenne de 414 g/t avec un seuil de coupure de 300 g/t. La ressource haute teneur a augmenté de 161%, pour atteindre 1 155 tonnes à 665 g/t avec un seuil de 600 g/t.
Cette mise à jour intervient dans un contexte de resserrement de l'offre de scandium après les restrictions de licences d'exportation imposées par la Chine en avril 2025. L'étude de faisabilité de la société doit être achevée fin septembre 2025 et soutiendra les discussions en cours sur le financement et les accords d'offtake. Plus de 90% de la ressource globale et 99% de la ressource haute teneur se trouvent désormais dans les catégories Mesurée et Indiquée.
Sunrise Energy Metals (ASX:SRL) hat ein bedeutendes Update seiner Mineralressourcenschätzung für das Syerston-Scandium-Projekt in NSW, Australien, bekanntgegeben. Das Unternehmen meldete einen 98%igen Anstieg des enthaltenen Scandium-Metalls auf 19.007 Tonnen bei einem durchschnittlichen Gehalt von 414 g/t unter Verwendung eines Cut-offs von 300 g/t. Die hochgradige Ressource stieg um 161% auf 1.155 Tonnen bei 665 g/t unter Anwendung eines Cut-offs von 600 g/t.
Das Update erfolgt vor dem Hintergrund einer sich verknappenden Scandium-Versorgung nach den im April 2025 von China eingeführten Exportlizenzbeschränkungen. Die Durchführbarkeitsstudie des Unternehmens soll Ende September 2025 abgeschlossen werden und unterstützt laufende Finanzierungs- und Abnahmeverhandlungen. Über 90% der weltweiten Ressource und 99% der hochgradigen Ressource sind nun in die Kategorien Measured und Indicated eingestuft.
- 98% increase in global contained scandium resource to 19,007 tonnes
- 161% increase in high-grade scandium resource to 1,155 tonnes
- Over 90% of global resource and 99% of high-grade resource now in Measured and Indicated categories
- Strategic timing with tightening scandium supply and rising prices due to China's export restrictions
- Feasibility Study completion expected by late September 2025
- Project still requires financing to move forward
- Development timeline and costs not yet disclosed
Insights
Sunrise Energy significantly increases scandium resource amid global supply constraints, positioning strategically before feasibility study completion.
Sunrise Energy Metals has announced a substantial upgrade to its Syerston Scandium Project's mineral resource estimate, with contained scandium metal doubling to 19,007 tonnes at a 300 g/t cut-off. The quality of the resource has dramatically improved, with over 90% now classified in the higher-confidence Measured and Indicated categories. Even more impressive is the 161% increase in high-grade resource containing 1,155 tonnes of scandium at an average grade of 665 g/t.
This resource expansion comes at a strategic time, coinciding with reported supply shortages and price increases following China's implementation of export licensing restrictions on scandium in April 2025. Scandium, while classified as a rare earth element, has unique applications when alloyed with aluminum - creating stronger, more corrosion-resistant, and weldable materials critical for aerospace, defense, and next-generation transportation industries.
The timing of this announcement, just weeks before the completion of the Feasibility Study, suggests the company is strategically positioning itself for financing discussions. With
The company's explicit mention of "on-going discussions regarding financing and offtake" indicates they're likely already in negotiations with potential partners or customers, leveraging current supply constraints to secure favorable terms. With China's export restrictions creating a supply vacuum, Sunrise Energy has positioned the Syerston project as a potential non-Chinese alternative in the critical minerals space.
Upward revision to Estimate comes amidst reported supply shortages of rare earth elements
Feasibility Study to be completed later this month
Highlights:
- Measured and Indicated Mineral Resource materially increases following a step out drilling campaign at the Syerston Scandium Project, which now comprises:
- a global resource of 19,007 tonnes of contained scandium (at a 300 g/t Sc cut-off) at an average grade of 414 g/t (a
98% increase in contained metal, with over90% of the global resource now in Measured and Indicated categories); and - a high-grade resource of 1,155 tonnes of contained scandium (at a 600 g/t Sc cut-off) at an average grade of 665 g/t (a
161% increase in contained metal, with over99% of the high-grade resource now in Measured and Indicated categories).
- a global resource of 19,007 tonnes of contained scandium (at a 300 g/t Sc cut-off) at an average grade of 414 g/t (a
- Recent negotiations with scandium traders in
North America indicate a significant tightening of scandium supply, and a marked increase in scandium prices since the imposition ofChina's export licensing restrictions on the metal in April 2025. - The Syerston Feasibility Study is due for completion in late September and will support the Company's on-going discussions regarding financing and offtake.
Sunrise Energy Metals CEO, Sam Riggall, commented: "Global scandium supply remains tight since
Mr Friedland also commented: "The Syerston Scandium Project will bolster the supply of one of the most important rare earth metals at a time when supply disruptions are becoming the norm. The world we knew - built on globalized and integrated supply chains for strategic metals - is past, perhaps forever. Geopolitical competition over key technologies using these metals requires a complete rebuilding of the world's metal supply chains. This is not just an industrial imperative. It is an imperative that strives for a safer and more balanced approach to world affairs, one built on diversified and reliable supply chains stretching back to the mines that have, for millennia, produced the metals that are catalysts for human progress."
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About Sunrise Energy Metals
We aim to be a world-leading supplier of refined metals that are critical to the development of advanced and emerging technologies. We focus on metals that sit at the heart of new and disruptive innovation, particularly in energy, defence, transport and computing markets.
Comprising one of the world's largest undeveloped resources of strategic metals on the east coast of
For more information, visit https://sunriseem.com/ or email Ross Larsen, Head of Editorial, 33 Communications and the team at: sunriseem@thirtythreecomms.com
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SOURCE Sunrise Energy Metals Limited
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