Sunrise Energy Metals (OTCPK:SREM.F) Update / Briefing Transcript

Summary of Sunrise Energy Metals Conference Call Company and Industry Overview - Company: Sunrise Energy Metals (OTCPK:SREM.F) - Industry: Scandium and critical raw materials, with a focus on the CISCEN Scandium Project in New South Wales, Australia Key Points and Arguments 1. Project Significance: The CISCEN project is described as the world's highest grade and largest deposit of scandium, a critical raw material essential for various applications including military and aerospace [2][3][24] 2. Resource Update: The recent mineral resource estimate has doubled the contained metal in the CISCEN deposit, with a significant expansion of high-grade resources by 160% [5][6] 3. Production Potential: The project is expected to enable extremely low-cost production due to the shallow depth of mineralization and the simplicity of the mining process [6][9] 4. Market Demand: There is a growing demand for scandium, particularly in sectors like aerospace, automotive, and semiconductors, with expectations of increased global demand from 60 tons to potentially hundreds of tons within the next decade [41][42] 5. Geopolitical Context: The current geopolitical environment is driving up the price of critical raw materials, including scandium, as countries seek to secure their supply chains [2][3][12] 6. Export Restrictions: China's recent export restrictions on critical materials, including scandium, have created challenges for global supply chains, emphasizing the strategic importance of the CISCEN project [14][17][20] 7. Government Support: There is an expectation of increased government support for critical raw materials projects, similar to the MP Materials deal, which involved U.S. government equity investment and price floor agreements [24][26] 8. Environmental Considerations: The project benefits from secured water rights and is positioned to address environmental concerns associated with mining operations, particularly in comparison to oversupplied markets like Indonesia [9][46] Additional Important Content 1. Technological Applications: Scandium is critical for advanced alloys and semiconductor technologies, particularly in 3D printing and mobile communications, with no viable alternatives currently available [31][36][38] 2. Future Developments: The feasibility study for the project is expected to be completed by the end of September 2025, with a quick construction timeline of approximately two years to first production [40][43] 3. Nickel and Cobalt Resources: The CISCEN project also contains significant resources of nickel and cobalt, which are expected to gain value as market conditions change [46][47] 4. Metalization Plans: There are plans to establish metalization capacity for scandium in the U.S. to support the semiconductor industry, which is crucial for the production of advanced electronic components [51] This summary encapsulates the critical insights and developments discussed during the Sunrise Energy Metals conference call, highlighting the strategic importance of the CISCEN Scandium Project in the context of global supply chains and market demand for critical materials.