Sunrise Energy Metals plans to redomicile and list on a US securities exchange after the US Department of War’s Office of Strategic Capital issued a conditional commitment of up to $400 million to develop its 100%-owned Syerston scandium project in New South Wales. The project is designed for 60 tonnes per year of scandium production against an estimated 2025 global output of about 80 tonnes, positioning it as a major non-Chinese source within a Five Eyes jurisdiction. Chairman Robert Friedland said US authorities prefer critical mineral suppliers to be US‑domiciled.

Volta Metals has intersected broad gallium mineralisation up to 210 m beneath the current Springer open-pit shell in Ontario, with hole SL26-31 returning 399 m from 3 m downhole grading 51.8 g/t gallium oxide and SL26-33 cutting 399 m at 39.1 g/t gallium oxide and 0.248% TREO. A third hole, SL26-32, delivered 53.9 m from 372.1 m to 426 m at 1.22% TREO and 47 g/t gallium oxide, and 90% of 863 samples exceeded 30 g/t gallium oxide. Metallurgical work now focuses on gallium recovery, including bioleaching trials at Laurentian University and processing studies with Idaho National Laboratory, to justify adding gallium to Springer’s 56.6 Mt indicated and 119.5 Mt inferred rare earth resource in a planned update later this year.

Canadian billionaire Eric Sprott is investing C$10 million in MAX Power Mining via a private placement of 4 million units at C$2.50, lifting his stake from 17.6% to 19.5% and positioning him to become a control person subject to shareholder approval on 20 August 2026. Each unit carries a common share plus a 24‑month warrant exercisable at C$3.25, with closing targeted around 17 August. MAX plans to use the funds to advance its multi‑well commercial validation drilling for natural hydrogen at the Lawson project, 80 km north of Moose Jaw, Saskatchewan.