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Oceana Metals Secures $20M to Acquire Brazil’s Serra Negra Rare Earths Project
9:32am on Wednesday 6th of May, 2026 AEST
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Mining
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Oceana Metals Secures $20M to Acquire Brazil’s Serra Negra Rare Earths Project
9:32am on Wednesday 6th of May, 2026 AEST
Key Points
Acquisition of Serra Negra project for up to US$10.3 million
Serra Negra is a 10km-wide carbonatite complex with high-grade REE and niobium
$20 million placement anchored by institutional investors
Plans to re-assay 8,000m historic core and drill 20,000m
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