Latest Brazil News

Meteoric Resources has cleared a major regulatory hurdle with the approval of its Preliminary Environmental License for the Caldeira Rare Earths Project, enabling the company to progress towards construction and first production targeted for 2028. The company also commissioned its pilot plant, producing its first batches of rare earth carbonate.

Viridis Mining and Minerals has achieved a critical environmental milestone for its Colossus Rare Earth Project in Brazil and secured significant financing commitments, positioning the project for construction in the second half of 2026.

Centaurus Metals has achieved a key milestone with the granting of the Jaguar Nickel Sulphide Project mining lease and bolstered its copper-gold portfolio through the acquisition of the Rio Novo tenure, setting the stage for accelerated development and exploration in Brazil’s Carajás Mineral Province.

Axel REE Limited reports a remarkable 145% increase in rare earth elements and 339% gallium resource growth at its Caladão Project, alongside a metallurgical breakthrough that could slash development costs through in-situ leaching.

Core Energy Minerals has launched fully funded exploration at its newly acquired Itambe Rare Earth Element project in Brazil, targeting high-grade anomalies with maiden drilling planned for the second quarter of 2026.

St George Mining has appointed a top Washington DC government relations firm to deepen its engagement with US agencies, advancing its Araxá rare earths project amid growing US efforts to secure critical mineral supply chains in the Western Hemisphere.

Australian Mines Limited reports strong gold drilling results at its Boa Vista project in Brazil and initiates new scandium-nickel-cobalt drilling in NSW, supported by a $4 million capital raise to accelerate exploration.

Perpetual Resources has confirmed significant high-grade lithium and critical minerals at its Igrejinha and Renaldinho projects in Brazil, reinforcing its foothold in the burgeoning Lithium Valley.

Karoon Energy delivered 2025 production near the upper guidance range, marked by a leadership change and significant operational improvements. The company outlines cautious yet optimistic 2026 growth and cost guidance amid ongoing maintenance and exploration activities.

Axel REE Limited’s latest metallurgical tests have doubled gallium extraction rates at its Caladão Project and revealed the first evidence of scandium co-recovery, signalling a promising new revenue stream.

Enova Mining’s latest auger drilling results from its CODA East project in Brazil reveal significant near-surface mineralisation of titanium, rare earth elements, and niobium, underscoring the project’s growing strategic importance.

Brazilian Critical Minerals has reported significant progress at its Ema rare earths project, producing a high-grade rare earth carbonate rich in critical magnet metals and advancing key drilling, permitting, and feasibility milestones.