Sunrise Energy Metals Ltd SREMF

Metals & Mining Industrial Metals & Minerals

Sunrise Energy Metals Limited is an Australia-based company engaged in the development of its Sunrise Battery Materials Complex (Sunrise Project) in New South Wales (NSW). The Sunrise Project is a supplier of battery raw materials and aluminum-scandium alloys. It is utilizing its Clean-iX resin technology for extraction and purification of a range of metals and progressing exploration activities at its other mineral tenements. Its Clean-iX Continuous Resin-In-Column is a continuous counter-current process that extracts metals from clarified leach solutions. Its Clean-iX Continuous Resin-In-Pulp is a continuous countercurrent process that directly extracts metals from leached pulps. It is advancing activities across its range of exploration assets in NSW. Its limestone exploration includes Hunters (EL9627), EL8883 Meloola and EL8833 Boona Gap, Gleninga South (EL9598) and Gleninga (EL8882). It also focused on rare earth elements exploration, which includes Minore (EL9031 and EL8961).

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Sunrise Energy Metals Ltd

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Comment by bullsnipon Oct 24, 2012 4:34pm

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Post# 20519937

RE: Provincial Environmental Permits

What is holding back the issuance of the required permits? A change of government is one of the reasons. The new provincial minority government, led by Pauline Marios will need some time to put their stamp of aproval on these mining projects. I'm not certain how this works in Quebec, but with out permit in hand, would the comishioning of the plant be allowed to proceed?Until we get the go ahead i see no reason for the share price to increase in value. The unpredictable position this and all provincial governments in Canada take regarding permiting of mining projects is just cause for caution to all investors.

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