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المشهد العربي
Pentagon invests 400 million in Australia's first scandium mine
The Australian company "Sunrise Energy Metals" announced that the U.S. Department of Defense will provide a conditional loan of $400 million to finance the world's first scandium mining operation at Mount Fiefield in New South Wales. The goal is to break China's monopoly over the production and refining of this vital element, which is used in defense industries, aerospace technology, and data center equipment. The project aims to establish the "Cairstone" mine as a key source to ensure Western countries' supplies of scandium, given its strategic importance across multiple sectors.
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