Latest Brazil News

Axel REE has appointed Dr Patience Mpofu as Managing Director, positioning the company to advance its rare earths portfolio from exploration into commercial development with planned in-situ recovery trials.

Aguia Resources has successfully commissioned its Caçapava do Sul plant, raising Pampafós phosphate fertilizer capacity to over 200,000 tonnes per annum and launching commercial sales in Southern Brazil.

Meteoric Resources has reported exceptional pilot plant performance at its Caldeira Rare Earth Project in Brazil, achieving magnet rare earth oxide recoveries of 80% in May and exceeding pre-feasibility study targets.

Eminence Minerals has secured firm commitments for a A$2.53 million placement to fund imminent drilling at its Campo Grande Rare Earth Project and support new exploration opportunities.

Magnum Mining’s initial 24 auger holes at Piracanjuba North all intersected near-surface rare earth mineralisation, showing promising grades and high desorption rates that suggest efficient extraction potential under mild conditions.

Raiden Resources has struck a binding deal with Forgent PLC to potentially sell an 80% stake in its Mt Sholl nickel-copper-PGE project, while retaining a 20% free-carried interest. The transaction could inject over A$1 million in cash and shares, aligning with Raiden’s strategy to streamline its portfolio and focus on core assets.

ArborGen Holdings announces CEO Justin Birch's resignation after three years, appointing Patrick Cumbie as interim CEO while searching for a permanent replacement.

Brazilian Rare Earths Limited (BRE) is demerging its Amargosa Bauxite-Gallium Project into Alurion Resources, with eligible shareholders receiving in-specie shares and access to a $30-50 million IPO.

Brazilian Critical Minerals (ASX: BCM) reports robust magnesium sulphate leach results from its 2025 drilling at the Ema project, validating key assumptions for a long-life, low-cost rare earth operation.

Magnum Mining has significantly increased its exploration footprint around the Piracanjuba rare earth clay discovery in Brazil, securing 14 new permits and advancing a major drilling campaign targeting a large-scale deposit.

Viridis Mining locks in a fixed-price, turnkey contract for critical power infrastructure at its Colossus Rare Earth Project, aligning with the company’s Final Investment Decision and production timelines.

Core Energy Minerals’ latest infill auger drilling results at its Tunas Project in Brazil reveal strong, continuous rare earth element mineralisation near surface, with assays up to 12.3m at 2,014.9ppm TREO. Mineralisation remains open at depth, underpinning the project’s potential for expansion.