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BRE Unveils $630M Amargosa Bauxite Project and Secures Rare Earths Partnership

10:16am on Thursday 29th of January, 2026 AEDT Mining
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BRE Unveils $630M Amargosa Bauxite Project and Secures Rare Earths Partnership

10:16am on Thursday 29th of January, 2026 AEDT
Key Points
  • Amargosa project boasts 568 Mt JORC resource with 98 Mt direct-ship bauxite
  • Scoping study forecasts US$630 million NPV and 1.2-year payback
  • Strategic 10-year heavy rare earths offtake and technical partnership with Carester
  • Appointment of experienced CFO John Vander Ploeg
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