Sunrise Energy Metals (ASX:SRL, OTCQX:SREMF) said Monday the company intends to pursue listing on a U.S. securities exchange, following news on Friday that the US Department of War’s Office of Strategic Capital confirmed a conditional commitment of up to $400 million in financing to support the development of Sunrise’s 100%-owned Syerston scandium project in New South Wales, Australia. Syerston hosts one of the largest and highest-grade mineable scandium deposits within a Five Eyes jurisdiction and is being advanced as a scalable, long-life and low-cost source of primary scandium outside China, the company said. Scandium is one of the clearest examples, supporting the technologies, industries and defence capabilities that will shape the coming decades,” Friedland said.