defencelatest news & developments
Friedland-backed Sunrise approves Syerston scandium mine
Sunrise Energy Metals has greenlit development of the Syerston scandium mine in Australia, backed by up to $400m in funding from the US Department of Defense.
CME readies tungsten futures as prices soar
CME Group plans to launch cash-settled tungsten futures by early 2027 to help buyers manage volatile prices amid global rearmament and Chinese export controls.
TechMet taps Venezuela for US vanadium supply
Critical minerals investor TechMet has begun purchasing Venezuelan refinery by-products to feed its vanadium facilities in Arkansas, capitalising on eased US trade restrictions…
US mineral stockpile could drive up prices, defence firms warn
Plans by the US government to establish a $12bn critical minerals stockpile under Project Vault could trigger intense competition and hike prices for scarce materials, the…