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    Sunrise Energy delivers feasibility study for Friedland-backed scandium project

    Key Takeaways
    • The fact that both the US and Australia are classifying it as "critical minerals of great importance to national security" really jumps out at me.
    • The demand for these materials is only going to grow, and it seems like securing domestic supply chains is a huge focus for governments.
    • I'm curious what you all think.
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    Hey everyone, just read this article on mining.com about Sunrise Energy's scandium project, thought it was worth sharing: https://www.mining.com/sunrise-energy-delivers-feasibility-study-for-friedland-backed-scandium-project/

    This Syerston project, backed by Friedland, sounds pretty massive. The fact that both the US and Australia are classifying it as "critical minerals of great importance to national security" really jumps out at me. I've been dabbling in a few critical minerals plays in my portfolio over the last year or so, especially with all the buzz around EV batteries and renewable energy infrastructure. The demand for these materials is only going to grow, and it seems like securing domestic supply chains is a huge focus for governments. This could mean some serious long-term stability and perhaps even incentives for projects like this, something we definitely need to consider when evaluating these companies for our retirement portfolios.

    I'm curious what you all think. Are any of you looking into scandium or other less common critical minerals? I've mostly focused on lithium and nickel, but this article has me wondering if I should be broadening my horizons a bit more. Given the strategic importance, it seems like the geopolitical factor could play a significant role in its success. Let me know if you've done any deep dives on this project or similar ones!

    88
    16 comments

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    Best Answer▲ 18 upvotes
    M
    matthew_murphy👑Elite (1m-5m)
    @Donna Rogers, it's always good to see another Gold IRA holder, especially one holding physical. $300k is a solid foundation! Fascinating to hear about scandium, and I appreciate the deep dive, but I find myself increasingly wary of committing capital to these "next big thing" metals, especially when they're tied to, shall we say, less established players. My own Gold IRA, which is closer to the $2 million mark and largely unallocated with Brink's in Singapore and Zurich after a frustrating experience with a domestic vault a few years back, has taught me that liquidity and long-term stability trump the potential for exponential, but highly speculative, gains every time. While green energy is undoubtedly the future, the volatility of these boutique commodities gives me pause when compared to the timeless reliability of gold.

    Comments (16)

    8
    daniel_wright💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    Honestly, seeing threads like this about niche resource projects makes me wonder if I'm diversifying *enough*. I just started looking into a Gold IRA after the market volatility last year – pretty new to it all, honestly. I used the IRA Calculator from the sidebar and was surprised by the projections for even a modest allocation. Are any of you seasoned gold investors also dabbling in these kinds of emerging metal plays, or do you stick more to the traditional precious metals for your inflation hedge?

    11
    kenneth_parker💎Premium (500k-1m)Real Investor✓ Verifiedabout 1 month ago

    Fantastic breakdown, thank you for putting this together! I've been eyeing the scandium space for a while now, ever since I diversified a chunk of my portfolio into a Gold IRA a few years back, looking for stability beyond just precious metals. It's fascinating to see how these critical minerals are gaining traction, especially with someone like Friedland involved. Definitely going to dig deeper into Sunrise Energy after reading this.

    9
    steven_mitchell🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    This is interesting given the push for greener tech. For me, when I'm looking at these kinds of emerging resource plays, especially with the inflation we've seen, it always circles back to physical assets. I remember when I first diversified about five years back, putting a chunk of my portfolio, roughly $80k at the time, into a Gold IRA. Best decision I made. It’s been a great hedge while some of these speculative mineral projects either pan out or fizzle.

    16
    andrew_roberts👑Elite (1m-5m)Real Investor✓ Verifiedabout 1 month ago

    Interesting read on the scandium project, certainly a different asset class than I'm used to. I'm actually just getting my feet wet with a Gold IRA and used the IRA Calculator at https://calculator.goldirablueprint.com/?forum to run some scenarios. It was pretty eye-opening to see the potential long-term growth and how it could diversify my existing portfolio, especially with the inflation chatter I'm hearing down here in Palm Beach. My financial advisor usually steers me towards more traditional routes ($\$1.5M in equities right now), but the stability of precious metals is starting to look more appealing. Are any of you guys seeing similar shifts in your strategies?

    11
    jason_morgan💰Established (100-250k)Real Investor✓ Verifiedabout 1 month ago

    I've been keeping an eye on these kinds of investments for a while now, always looking for something outside the traditional market. It reminds me a bit of when I first started exploring my gold IRA options a few years back – diversification is key when you're thinking about long-term retirement savings. While scandium isn't precious metals, the underlying principle of seeking tangible assets that aren't tied directly to the stock market's whims is solid. I even did a 401k rollover to get more flexibility with these alternative asset classes and the tax advantages really spoke to me.

    13
    sharon_evans💰Established (100-250k)Real Investorabout 1 month ago

    Honestly, all this talk about exotic metals in early-stage projects makes me a little jealous, but mostly grateful for my own path. I remember back in 2018, sitting in my living room in Tulsa, watching the news about the trade wars brewing. My dad, bless his heart, had always drummed into me that gold is the ultimate safe haven, especially when things get rocky. I'd been dabbling in stocks for a while, made some decent gains, but that knot in my stomach with every market dip was getting worse. I finally made the call, rolled over about $150,000 from my old 401k into a Gold IRA. Some friends thought I was crazy, missing out on potential tech booms, but honestly, that peace of mind when the market *did* get turbulent a few years later? Priceless. My portfolio isn't hitting those wild, speculative highs, sure, but it’s been a steady, comforting climb, and frankly, I sleep a lot better at night.

    16
    mark_adams👑Elite (1m-5m)Real Investorabout 1 month ago

    Interesting thread. I'm a bit new to the Gold IRA scene, having just rolled over a decent chunk of my old 401k from a previous gig into physical gold and silver this past year. Seeing a lot of chatter about metals beyond just the big two, like platinum and palladium, but this scandium stuff is completely new to me. Are there any precious metal IRAs that even allow for these more exotic metals, or is the focus purely on gold and silver for most investors in this space?

    8
    donna_rogers🏆Advanced (250-500k)Real Investorabout 1 month ago

    This deep dive into scandium's role in green energy is genuinely informative. As someone with a modest Gold IRA (sitting around $300k now, mostly physical allocated at a vault near Louisville), I'm always looking for less-correlated assets, and the mention of scandium's potential in solid oxide fuel cells really piqued my interest. Thanks for sharing this, it gives me a lot to research!

    6
    richard_garcia👑Elite (1m-5m)Real Investorabout 1 month ago

    @Steven Mitchell - You hit the nail on the head, Steven, that "physical always circles back." I've been investing in hard assets, especially precious metals, for decades out here in Houston. Back in '08, when everything else was looking shaky, my physical gold and silver was the one bright spot in my portfolio. It's the ultimate hedge against all this "green tech" and everything else they're dreaming up that might not pan out. I always tell my kids, "Hold something tangible.

    11
    susan_clark💰Established (100-250k)Real Investorabout 1 month ago

    @Kenneth Parker Totally agree, interesting to see other precious metals getting attention! I'm over here in Minneapolis and diversified a good chunk of my retirement savings into a gold IRA back in 2020. Best decision I've made, honestly, especially after rolling over an old 401k – the tax advantages have been significant. For anyone else considering it, I highly recommend checking out that Best Gold IRA Companies comparison over at Gold IRA Blueprint; it really helped me cut through the noise and figure out which custodian was right for my precious metals.

    14
    sandra_green📊Growing (50-100k)✓ Verifiedabout 1 month ago

    While I track broader market trends, my focus remains squarely on the stability of precious metals. I'm here in Kansas City and personally, my gold IRA has been a bedrock for my retirement savings, especially compared to some of the more volatile plays I see discussed. The peace of mind from knowing a portion of my old 401k is now in physical gold, with those sweet tax advantages, is invaluable.

    1
    barbara_white🏆Advanced (250-500k)Real Investor✓ Verifiedabout 1 month ago

    @Steven Mitchell You hit the nail on the head regarding the inflation hedge with physical assets, especially with commodities like scandium starting to gain traction in the greener tech space. I’ve seen this play out in gold more times than I can count over the last ten years, especially as global economic policies shift. My concern with these emerging plays isn't just the supply chain, but the regulatory hurdles and public perception—something we in Portland know all too well can dictate a project's future, no matter how "green" it appears on paper.

    3
    ruth_perez📊Growing (50-100k)about 1 month ago

    @Richard Garcia - Couldn't agree more about how physical always circles back. I'm over here in Albuquerque, and after seeing the market swings, I decided it was time to move some of my retirement savings into something more stable. That's why I looked into a gold IRA. I eventually did a 401k rollover for about $75k of my portfolio, and the tax advantages alone made it a no-brainer for diversifying with precious metals. It's definitely helped me sleep better at night.

    18
    matthew_murphy👑Elite (1m-5m)Real Investorabout 1 month ago

    @Donna Rogers, it's always good to see another Gold IRA holder, especially one holding physical. $300k is a solid foundation! Fascinating to hear about scandium, and I appreciate the deep dive, but I find myself increasingly wary of committing capital to these "next big thing" metals, especially when they're tied to, shall we say, less established players. My own Gold IRA, which is closer to the $2 million mark and largely unallocated with Brink's in Singapore and Zurich after a frustrating experience with a domestic vault a few years back, has taught me that liquidity and long-term stability trump the potential for exponential, but highly speculative, gains every time. While green energy is undoubtedly the future, the volatility of these boutique commodities gives me pause when compared to the timeless reliability of gold.

    0
    michael_anderson🏆Advanced (250-500k)Real Investorabout 1 month ago

    @Mark Adams - Definitely feel that, man. I did a similar rollover (a bit less than half a million) into a Gold IRA back in late 2021, mostly to diversify out of the stock market craziness and inflation fears I was seeing here in Chicago. It’s threads like these, with real people sharing their experiences, that truly help solidify the decision. Really appreciate everyone sharing their insights.

    10
    diane_bailey💰Established (100-250k)Real Investorabout 1 month ago

    **Okay, so reading up on Friedland always gets me thinking about diversifying, even beyond gold.** I just rolled over about $180k from an old 401k into a gold IRA earlier this year, and honestly, the stability has been a huge relief with all the market noise. But hearing about projects like this scandium one makes me wonder – how do you folks even begin to evaluate these types of alternative investments *within* an IRA structure? I picked gold for its classic safe-haven status, but it feels like there's a whole other world out there for those looking to get a bit more adventurous.

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