BRE and Carester Forge 10-Year Pact to Power Heavy Rare Earth Supply Chain

• 10-year binding offtake agreement for up to 150 tonnes per annum of dysprosium and terbium oxides
• Carester to provide engineering and technical services for BRE’s rare earth separation plant in Brazil
• Caremag facility in France backed by French government and Japanese partners targets late-2026 start
• BRE’s Monte Alto project offers one of the world’s highest-grade heavy rare earth deposits