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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 3 sources · 6 days · First seen · Last updated
Rare earth mining developments in Brazil
Overview
Recent developments in Brazil indicate progress for rare earth mining projects. Brazilian Rare Earths updated its resource estimate for the Monte Alto deposit, reporting a material increase in the indicated portion of its ultra-high-grade resource following a drilling campaign. The company is conducting further drilling and expects to complete a concentrate sales study by the end of the year.
Separately, Rare Earths Americas reported a 48% relative improvement in rare earth element leach recovery during laboratory tests at its Alpha Project in Bahia. Tests conducted by SGS achieved a recovery rate of approximately 40% for certain rare earth elements, compared to a previous assumption of 27%. While these results require confirmation through larger-scale testing, the improvement could enhance the economic viability of the project, which contains estimated inferred mineral resources of 202 million tonnes.
Entities
Alpha Project · Monte Alto · Brazilian Rare Earths · SGS · Bahia
Timeline
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[BUSINESS] 2 sourcesRare Earths Americas reports improved mineral recovery at Alpha Project
Rare Earths Americas reported a 48% increase in rare earth leach recovery at its Alpha Project in Bahia, Brazil, during laboratory testing.
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[BUSINESS] 2 sourcesBrazilian Rare Earths updates Monte Alto resource estimate
Brazilian Rare Earths has increased the indicated ultra-high-grade resource at its Monte Alto deposit following a successful drilling campaign.
Sources
europesays.com · smallcaps.com.au · viagemegastronomia.com.br