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Ameerex Confirms Major Heavy Rare Earth Mineralization in Brazil JV Across the Goiás-Araxá-Catalão Belt - Brazil Ranking Second to China by Estimated REE Resources
Accessnewswire· 2026-02-06 15:15
Core Viewpoint - Ameerex Corporation has confirmed significant heavy rare earth element (HREE) mineralization in its joint venture with Patagonia Lithium Ltd, expanding the project's scope beyond lithium and enhancing its position within a critical minerals belt [1] Group 1: Company Developments - The partnership with Patagonia Lithium Ltd is now focused on both lithium and heavy rare earth elements, indicating a strategic shift in the project's objectives [1] - A total of 11 targets have been identified for augur and air-core drilling, suggesting a proactive approach to exploration and resource assessment [1] Group 2: Industry Context - The project is situated within a globally significant critical minerals belt, highlighting its potential importance in the broader context of critical mineral supply chains [1]
Tech investors sound out how a U.S. takeover of Greenland impacts minerals mining, CEO tells CNBC
CNBC· 2026-01-12 15:04
Core Viewpoint - The U.S. interest in acquiring Greenland has raised questions among tech investors regarding the implications for critical and rare earth minerals mining in the region, highlighting both geopolitical tensions and commercial opportunities [1]. Group 1: Company Developments - Critical Metals Corp, which is developing a mining project in Greenland, has received inquiries from tech investors about the potential impact of U.S. acquisition on its asset and development strategy, with its stock rising 116% since the start of 2026 [2]. - The company is in the early stages of constructing a plant to extract heavy rare earth elements (HREE), essential for advanced technologies such as electric vehicles and AI infrastructure [3]. - The CEO of Critical Metals Corp noted that the heightened interest from investors was partly due to U.S. President Trump's comments about Greenland, attracting attention from backers associated with major U.S. tech firms [3]. Group 2: Industry Context - Amaroq, another mining company with projects in Greenland, is engaging with U.S. government entities regarding potential investment opportunities in the territory [4]. - The White House has indicated that it is actively discussing a potential offer to purchase Greenland, and military action has not been ruled out as a means to acquire the territory, coinciding with upcoming talks between U.S. Secretary of State Marco Rubio and Danish officials [4].