Australian rare earth miner surges after U.S. Department of Defense investment

CNBC•Mon, Aug 10, 2026, 11:44 AM•2 min read

The Trump administration has backed plans to build an Australian scandium mine as part of a push to challenge China’s critical minerals dominance.

Source: [CNBC](https://www.cnbc.com/2026/08/10/rare-earths-sunrise-energy-metals-trump-cina.html)

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