US Chipmakers Turn to Sunrise Metals Amid Scandium Shortage
U.S. semiconductor manufacturers are feeling the pinch from Chinese restrictions on scandium exports, @Reuters reports, underscoring the importance of @SunriseMetals’ Syerston Scandium Project as an essential supplier to key U.S. industries. “U.S. chipmakers have experienced delays in receiving new scandium export licenses from China in recent months and have reached out to Washington for help,” Reuters reported, citing two industry sources. Two suppliers to U.S. aerospace and semiconductor firms are turning away some clients, according to the report. While Beijing has allowed many rare earth exports to resume since it imposed restrictions in April, shipments of these materials still rarely make it to the U.S. despite an October detente with Washington, Reuters reported, citing Chinese customs data. That easing of trade tensions, premised in part on China pausing its critical mineral export restrictions, will be on the table when President Trump and President Xi meet in Beijing in March, according to the report. China dominates global production and refining of #scandium, which is crucial for defense applications, 5G and 6G technology and solid oxide fuel cells for low-emission power generation and hydrogen production. Sunrise Energy Metals aims to change that imbalance with the development of the Syerston Scandium Project in the Australian state of New South Wales. It is the world’s largest and highest-grade deposit of scandium and the only mine under development that solely targets scandium as primary supply instead of as a by-product. The deposit holds over 32,000 tonnes of contained scandium: enough to meet global demand for decades to come. Read the full Reuters report by @Allison Lampert, @Laurie Chen, @Lewis Jackson and @Michael Martina here: https://t.co/9aktCYkCRW Find out more about Sunrise Energy Metals here: https://t.co/fmn5VNBern #criticalminerals #rareearths #scandium #china #trade #semiconductors #mining #usindustry
Rare Metals Power Massive Data Centers and National Security
To build a data center the size of Manhattan, as Mr. Zuckerberg intends to, we need some metals that you’ve probably never heard of in quantities than you cannot fathom… These metals are not just 1 or 2 letters on your...
EXIM Boosts Mining, Delivering Critical Minerals Nationwide
It was a pleasure and an honor to catch up with the @JJovanovicUSA President and Chairman of the Board of Directors of the @EximBankUS of the United States (EXIM). The support EXIM and this administration shows and extends to...
Analysts Overstate Global Copper Supply by Ignoring Strategic Reserves
I am seeing many market analysts include the accumulated copper stockpiles in the US in their global balance of copper stockpiles and therefore conclude that there are >1 million tonnes of available copper in global stockpiles today. I am not...
U.S. Produces 300 Mining Engineers vs China’s 3,000
Here’s an important story in the Washington Post, with a link below, about how the United States forgot how to mine anything and what it is costing our nation today. If America wants to reduce its dependence on imports from...