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Brazilian Rare Earths Raises $120M to Fast-Track Rare Earth Projects and Refinery
9:10am on Tuesday 14th of October, 2025 AEDT
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Mining
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Brazilian Rare Earths Raises $120M to Fast-Track Rare Earth Projects and Refinery
9:10am on Tuesday 14th of October, 2025 AEDT
Key Points
A$120 million capital raise via placement of 25.6 million shares at A$4.68 each
Funds aimed at accelerating rare earth projects in Brazil and refinery at Camaçari, Bahia
Placement price set at 6.4% discount to last closing share price
Shares to resume trading on ASX from 14 October 2025
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