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Brazilian Rare Earths Unveils Record Grades and New Gallium Discovery
6:27am on Monday 2nd of June, 2025 AEST
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Mining
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Brazilian Rare Earths Unveils Record Grades and New Gallium Discovery
6:27am on Monday 2nd of June, 2025 AEST
Key Points
Record ultra-high-grade rare earth mineralisation at Monte Alto with up to 45.7% TREO
Pelé project confirmed as district-scale high-grade rare earth system with significant drill intercepts
Amargosa project agreement amended to fixed US$1.00/wet tonne royalty, replacing US$40m milestone payment
New high-grade gallium discovery at Amargosa with assays up to 190 ppm Ga2O3
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BRAZILIAN RARE EARTHS (ASX:BRE)
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