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Core Energy Secures Itambe Rare Earth Project with High-Grade Anomalies in Brazil
8:35am on Monday 1st of December, 2025 AEDT
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Mining
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Core Energy Secures Itambe Rare Earth Project with High-Grade Anomalies in Brazil
8:35am on Monday 1st of December, 2025 AEDT
Key Points
Acquisition of 100% Itambe Rare Earth Project from Rio Tinto for US$200,000 plus 1.75% NSR royalty
Project covers 32,791 hectares across 23 tenements in Bahia State, Brazil
Soil assays show peak TREO values up to 5,123ppm with extensive anomalous zones
Located in the prolific Rocha da Rocha Rare Earth Province, near other world-class deposits
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