U.S. Invests in Aussie Scandium Mine | Sydney News

The U.S. is pouring $560 million into an Australian scandium mine, aiming to break China’s grip on this critical metal used in fighter jets, semiconductors, and electric cars. The Syerston project, backed by mining titan Robert Friedland and partnered with Lockheed Martin, could become the world’s first high-grade scandium mine — restarting U.S. production after a 55-year gap. This move is part of a broader push to secure vital minerals domestically, reduce reliance on adversarial nations, and strengthen America’s defense and industrial supply chains. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/3cedce5c9577aafa