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Sunrise Energy Metals Limited ( (AU:SRL) ) just unveiled an announcement.
Sunrise Energy Metals Limited has made significant progress in updating the feasibility study for its Syerston Scandium Project, confirming a substantial scandium mineral resource. The company is actively preparing for a new drilling program to expand its high-grade scandium zone and continues product development and customer discussions in the specialty alloy, semiconductor, and aerospace markets. Despite challenging market conditions for nickel and cobalt, Sunrise is maintaining flexibility in its operations, with ongoing exploration activities in Queensland and New South Wales.
More about Sunrise Energy Metals Limited
Sunrise Energy Metals Limited operates in the mining industry, focusing primarily on scandium, nickel, and cobalt resources. The company is involved in the development of the Syerston Scandium Project, which is a significant source of scandium, and it engages in exploration activities across its assets in Queensland and New South Wales, Australia.
YTD Price Performance: 226.00%
Average Trading Volume: 7,735
Technical Sentiment Signal: Sell
Current Market Cap: $25.39M
Find detailed analytics on SRL stock on TipRanks’ Stock Analysis page.