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Brazilian Rare Earths finds more high-grade growth beyond Monte Alto

9:22am on Tuesday 20th of October, 2026 AEDT • Mining
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Brazilian Rare Earths finds more high-grade growth beyond Monte Alto

9:22am on Tuesday 20th of October, 2026 AEDT
Key Points
  • Monte Alto resource grades 11.3% TREO across 3.40 million tonnes
  • US$6.0 billion after-tax NPV8 and 90% IRR from preliminary scoping study
  • New high-grade drilling extends Monte Alto in three directions
  • Sulista South discovery reaches 13.3% TREO across a 500-metre strike
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