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Monte Alto Metallurgical Results Successfully Deliver High-Purity MREC and Yellowcake Product
Globenewswire· 2025-06-12 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) has successfully produced a mixed-rare earth carbonate (MREC) and uranium peroxide from the Monte Alto Project, marking a significant milestone in establishing a fully integrated rare-earths and critical-minerals supply chain in Brazil [1][3]. Metallurgical Highlights - The completion of the second phase of metallurgical test work with ANSTO Minerals has validated BRE's development strategy [3][5]. - High-purity MREC production meets quality specifications for conventional solvent-extraction separation circuits [6]. - Strong recoveries of magnetic rare earth elements NdPr and DyTb achieved, with total rare-earth oxide (TREO) extraction rates between 86-90% [6][7]. - Successful extraction of uranium with the precipitation of uranium peroxide, enhancing the product strategy [6][8]. - Direct 'run-of-mine' mineral-to-MREC route provides capex and opex advantages, increasing total rare-earth yields [6][7]. - Ongoing metallurgical studies aim to produce separated NdPr rare earth products and recover valuable co-products like niobium, tantalum, and scandium [6][9]. Product Strategy - The company targets four high-value products: NdPr oxide, a heavy rare earth-rich SEG+ concentrate, uranium, and a valuable co-product stream including niobium, scandium, and tantalum [8][9]. - The SEG+ product is particularly rich in critical elements such as dysprosium, terbium, samarium, gadolinium, and yttrium, which are essential for advanced industries [10][11]. Strategic Advantages - Brazil's unique location offers structural cost advantages for downstream processing due to abundant low-cost hydroelectric power, skilled labor, and domestic reagent supply [9][11]. - The exceptional chevkinite-rich mineralogy of Monte Alto reinforces confidence in unlocking shareholder value through low-cost leaching and conventional solvent-extraction methods [11].
Diamond Drilling Confirms Sulista West as an Ultra High-Grade Project, Expanding a Major Rare Earth Exploration District
Globenewswire· 2025-05-29 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) has reported significant exploration results at the Sulista Project, confirming the discovery of an ultra-high-grade REE-Nb-Sc-Ta-U deposit and a new mineralised corridor [1][5] Group 1: Exploration Results - The Sulista West diamond drilling results revealed ultra-high-grade mineralization, with notable drillhole JITDD0006 showing 20.4m at 11.8% Total Rare Earth Oxides (TREO) and 4.2m at 18.9% TREO [2] - Additional highlights include drillhole JITDD0011 with 12.0m at 12.5% TREO and 4.2m at 17.0% TREO, and JITDD0004 with 5.5m at 10.7% TREO and 1.0m at 17.0% TREO [2] - The highest uranium and tantalum grades recorded since exploration began in 2021 include up to 8,211 ppm U3O8 and 2,803 ppm Ta2O5 [4] Group 2: New Discoveries - A new "Outcrop Ridge" discovery was made with grab samples showing up to 20.6% TREO, located 2.5 km southwest of the Sulista West deposit, indicating significant extension potential [4] - Ultra-high-grade boulder samples at Sulista North revealed assay grades of 21% TREO, including 37,390 ppm NdPr and 6,588 ppm Nb2O5 [4] Group 3: Strategic Implications - The exploration results bolster confidence in the Rocha da Rocha Province's potential to host multiple Monte Alto-style ultra-high-grade rare earth deposits, which could have major implications for the strategic supply of heavy rare earths and other critical minerals [5]
BRE Secures Strategic Partnership with SENAI CIMATEC
Globenewswire· 2025-05-20 12:30
SENAI CIMATEC, based in Salvador, Bahia, operates as a leading Brazilian hub for technology, innovation, and industrial development. The institution specializes in robotics, advanced manufacturing, aerospace, mineral and mining technologies. SENAI CIMATEC maintains cooperative research agreements with renowned global institutions including MIT, the University of Virginia, and the Fraunhofer Institute. A link to the full announcement can be found here. Contacts SYDNEY, May 20, 2025 (GLOBE NEWSWIRE) -- Brazil ...
Brazilian Rare Earths March 2025 Quarterly Report
Globenewswire· 2025-04-29 12:30
Core Insights - Brazilian Rare Earths Limited (BRE) reported record exploration success at Monte Alto, highlighting significant mineralization and high-grade rare earth elements [1][5] - The company has confirmed the Pelé project as a district-scale high-grade rare earth project, indicating substantial potential for future development [2] - The Amargosa Bauxite-Gallium Project has opened new pathways for value creation at a province scale, enhancing the company's portfolio [3] Financial Position - As of March 31, 2025, BRE held A$75.4 million in cash, positioning the company well for planned exploration and feasibility work programs through 2026 [5] Exploration Highlights - New exploration results at Monte Alto revealed ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of 69,558 ppm NdPr and 11,696 ppm DyTb [5] - Drilling at Monte Alto extended thick horizons of shallow high-grade monazite-sand mineralization, including 18m at 6.8% TREO from surface [5] - At Pelé Target 1, high-grade rare earth outcrops were discovered with grades up to 17.7% TREO, and diamond drill results returned assays of up to 13.5% TREO [5] Bauxite-Gallium Project Developments - BRE and Rio Tinto replaced a US$40 million bauxite production-linked milestone payment with a fixed royalty of US$1.00 per wet tonne on future bauxite sales, enhancing funding flexibility [5] - Historic drilling confirmed thick, high-grade bauxite intervals, including 27.5 meters at 51.3% total available alumina content [5] - New gallium discoveries were made with exceptional grades of up to 190 ppm Ga2O3, prompting the appointment of RPM Global for a JORC-compliant resource and scoping study [5]