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newsAug 10, 20268:37pending

$400 million US loan breaks China scandium grip

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Today's essential intelligence on markets, energy, AI and geopolitics.

Key takeaways:
• Geopolitical Instability and Conflict Zones
• China's Global Strategic Maneuvers
• Record-Breaking Climate Extremes

US Defense Funds Australian Scandium Mine
The US Department of War’s Office of Strategic Capital—a defense financing agency—announced a $400 million loan to Sunrise Energy Metals, an Australian mining firm, for the Syerston scandium project (FT). European Space Agency Rocket Deficit
The European Space Agency (ESA), an intergovernmental organization of 22 member states dedicated to space exploration, projects a rocket launcher shortage between 2029 and 2031.

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$400 million US loan breaks China scandium grip

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