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Lockheed's New Scandium Supplier, Mike Alfred Takes Opendoor Stake, And Tether Goes For Gold

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October 25, 2025

Lockheed Martin And Sunrise Energy Metals Strike Scandium Supply Deal

Lockheed Martin (NYSE: LMT) entered into a new deal with Sunrise Energy Metals (OTC: SREMF) to purchase up to 15 tonnes of scandium oxide supply annually. Sunrise Energy Metals is co-founded by legendary mining entrepreneur Robert Friedland and owns the Syerston Scandium Project in Australia which is one of the world’s single largest scandium deposits. Scandium is a rare element that is a highly important material for aluminium alloys that are used in military aircraft and combat systems.

Mike Alfred Believes In The Future Of Opendoor

Entrepreneur and investor Mike Alfred publicly stated he has purchased a new equity stake in Opendoor Technologies (NASDAQ: OPEN). Opendoor has been experiencing a massive boom in retail investor attention lately, which has largely been fuelled by fund manager Eric Jackson and investor Anthony Pompliano taking positions in the company.

Tether Buys Stake In Gold Royalty Corp

Tether purchased 13.8 million shares of Gold Royalty Corp (NYSE: GROY) in the open market, acquiring an 8.1% ownership stake in the company. Gold Royalty Corp owns more than 250 royalties and streams globally, including interests in historic mining projects such as the Canadian Malartic and Goldstrike.

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Top Trends This Week

+5.8% | Mike Alfred

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