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How Viridis’ Colossus Project Cleared Environmental Hurdles and Secured $180M Funding
9:46am on Wednesday 28th of January, 2026 AEDT
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Mining
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How Viridis’ Colossus Project Cleared Environmental Hurdles and Secured $180M Funding
9:46am on Wednesday 28th of January, 2026 AEDT
Key Points
Preliminary Environmental License granted for Colossus Rare Earth Project
Non-binding Letters of Support and Interest from major export credit agencies
US$30 million strategic equity investment from Brazilian asset managers ORE and Régia
Construction of Rare Earth Research and Processing Centre underway, completion expected Q1 2026
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