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Atlas Critical Minerals Announces High Metallurgical Recoveries from Rare Earths Project
TMX Newsfile· 2026-01-26 12:30
Core Viewpoint - Atlas Critical Minerals Corporation has announced high metallurgical recoveries from initial testwork on its Alto do Paranaíba Project, indicating strong potential for commercial processing of rare earth elements and titanium [1][4]. Metallurgical Extraction Results - A 50 kg composite sample was processed, achieving significant extraction rates for rare earth elements: 57.7% for Total Rare Earths Elements (TREY) in Leach 1 and 93.8% in Leach 2, with 97.0% for Magnetic Rare Earths Elements (MREE) [2][3]. - The results from Leach 2 demonstrated near-complete extraction of MREE and strong recoveries across all rare earth groupings [3]. Initial Drilling Campaign Results - An initial auger drilling program included 13 holes totaling 144 meters, with 178 samples analyzed, revealing high-grade mineralization [4]. - Highlights from drilling include significant concentrations of rare earths and titanium, with samples showing up to 7,729 ppm Total Rare Earths Oxides (TREO) and 2,680 ppm Magnetic Rare Earths Oxides (MREO) [7][12]. Surface Sampling Highlights - Surface sampling results indicated consistently high grades of rare earths across the project area, supporting the project's economic potential [8]. Company Overview - Atlas Critical Minerals Corporation focuses on critical minerals, including rare earths, graphite, and uranium, aiming to build a diversified global supply chain for strategic minerals essential for various technological applications [8].