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Magnum Mining Secures High-Grade Rare Earth Projects in Brazil Amid China Export Curbs
8:17am on Tuesday 6th of May, 2025 AEST
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Mining
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Magnum Mining Secures High-Grade Rare Earth Projects in Brazil Amid China Export Curbs
8:17am on Tuesday 6th of May, 2025 AEST
Key Points
Acquisition of 100% of Palmares Estudos Geologicos LTDA finalized
Projects located in highly prospective rare earth belts in Bahia and Goiás states
Initial assays show up to 1.69% Total Rare Earth Oxides (TREO) with heavy rare earth elements
Geophysical surveys identify blind targets and support upcoming drilling campaigns
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