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Syerston Scandium Project, NSW

Sunrise Energy Metals Limited (SRL) | Feasibility Study | Released 3 Mar 2026

Mine life
32 years
Total mine life, incl. stockpile feed
Strip ratio
Not disclosed
Not disclosed
NPV
Not disclosed
Not disclosed
Capex
US$120 million
Capital cost estimate, +/- 15%

Inferred share: Reserve-based, no Inferred

Figures are as the company states them, in its currency and on its basis. "Not disclosed" means the release doesn't state the figure.

Planning inputs

Reserve-based, no Inferred | Overall slope angle 49° in pit optimisation | Dilution and mining losses included in resource model | Contract mining | Mine design and Ore Reserve by Mining One

Also in the release

64,000 tonnes of ore per year at 656 ppm scandium (life of mine), 88% processing recovery. C1 cost US$534/kg Sc2O3. NPV8% US$890m, IRR 76% at a US$3,000/kg price assumed for sensitivity; tax basis not disclosed.

Read the release on the company's siteAdded to the tracker; released before the first issue of The Study Sheet.

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