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[BUSINESS] · Brazil, Australia · 3 sources

St. George Mining raises R$215 million for Brazil’s Araxá rare‑earth project

Australian miner St. George Mining announced it has secured approximately R$215 million to accelerate the development of the Araxá project in Brazil’s Alto Paranaíba region. The funding will support feasibility studies, environmental licensing, expansion of mineral research and preparation of future industrial facilities, underscoring the Triângulo Mineiro area as a strategic hub for rare‑earths and niobium.

The same column also reported other local news: the Archdiocese of Belo Horizonte faced criticism for extending a visitor fee to residents of Caetité at the Serra da Piedade sanctuary; the historic archive of the newspaper “Correio do Sul” was donated to Varginha’s cultural foundation; Teófilo Otoni launched the mobile “Transitolândia” unit to teach traffic safety to youth; and Santos Dumont held its third public sports‑policy forum.

Sources

Enjoy Fireworks [jornaldacidadevalesdeminas.com]
about 1 month ago
about 1 month ago