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Cobalt spot prices were flat the past month. Cobalt market news - DRC may reduce cobalt quota if market needs rebalancing. IEA: Cobalt market faces deficit from 2026 as DRC export curbs tighten supply. Cobalt company news - CMOC'S profit jumps 86% in H1, revenue up 43%. Glencore H1 2026 Group Adjusted EBITDA increased 86% to $10.1B.

Sunrise Energy Metals Limited (SREMF) is rated a value Buy, supported by a robust balance sheet and strong alignment with Western critical minerals policy. SREMF's flagship Syerston Scandium project targets 60 tonnes/year production over 32 years, benefiting from favorable scandium supply-demand dynamics and governmental support. Sunrise's liquidity is strong, with assets exceeding liabilities by over 50x, though future mine construction will require significant capital raising.

Sunrise Energy Metals has announced a $400 million investment from the U.S. Department of Defense as the Australian mining company looks to develop the world's first primary scandium mine. Scandium is a strategic mineral used in defense and aerospace.

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.

The U.S. Department of Defense conditionally committed up to $400 million to Sunrise Energy Metals to mine scandium.