Australia’s Sunrise Energy signs five-year scandium option with Lockheed Martin, shares jump

Investing.comThursday, October 23, 2025 at 11:54:47 PM
Australia’s Sunrise Energy signs five-year scandium option with Lockheed Martin, shares jump
Australia's Sunrise Energy has secured a five-year option for scandium supply with Lockheed Martin, leading to a significant jump in its shares. This partnership is crucial as scandium is a key component in advanced materials, particularly in aerospace and defense, which Lockheed Martin specializes in. The deal not only boosts Sunrise Energy's market position but also highlights the growing importance of scandium in high-tech industries, making it a noteworthy development for investors and the energy sector.
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