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Power Minerals Completes High-Grade Morro do Ferro Rare Earths Acquisition
8:44am on Monday 27th of April, 2026 AEST
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Mining
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Power Minerals Completes High-Grade Morro do Ferro Rare Earths Acquisition
8:44am on Monday 27th of April, 2026 AEST
Key Points
Acquisition of Morro do Ferro project finalised via 100% share purchase of Mineração Terras Raras
Project features exceptional magnetic rare earth oxide grades including neodymium and dysprosium
Previous drilling revealed up to 8.92% total rare earth oxides over significant intervals
Exploration plans include deep diamond core, RC, and aircore drilling to expand resource footprint
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