Sunrise Energy Metals has secured $400 million in long-term debt financing from the Pentagon to expand production of scandium, a rare earth element vital to aerospace and defense. The deal underscores Washington's push to diversify supply chains away from China. Sunrise Energy Metals CEO Sam Riggall joins "Bloomberg: The Asia Trade" to discuss what this means for their business. (Source: Bloomberg)
Sunrise Energy Metals has secured $400 million in long-term debt financing from the Pentagon to expand production of scandium, a rare earth element vital to aerospace and defense. The deal underscores Washington's push to diversify supply chains away from China. Sunrise Energy Metals CEO Sam Riggall joins "Bloomberg: The Asia Trade" to discuss what this means for their business. (Source: Bloomberg)
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