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BRE Monte Alto + Camaçari Scoping Study Reveals Tier-1 Heavy Rare Earth Project with Exceptional Economics

9:44am on Tuesday 18th of August, 2026 AEST Mining
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BRE Monte Alto + Camaçari Scoping Study Reveals Tier-1 Heavy Rare Earth Project with Exceptional Economics

9:44am on Tuesday 18th of August, 2026 AEST
Key Points
  • Post-tax NPV8 of US$6 billion and IRR of 90%
  • Ultra-high-grade Monte Alto deposit with 11.3% TREO
  • Low capital expenditure of US$969 million to first oxide production
  • Fast-track concentrate option with US$91 million capex
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