Latest Brazil News

Viridis Mining and Minerals, through its Brazilian JV Viridion, has secured municipal land in Poços de Caldas to build Latin America’s first rare earth refining and recycling centre, backed by strong government support and aligned with Brazil’s critical minerals strategy.

Alcoa Corporation reported solid Q2 2025 operational results despite tariff headwinds and lower metal prices, completing a major joint venture sale and managing a delayed smelter restart.

Phoslock Environmental Technologies reported a $474,000 cashflow deficit in Q2 2025, with sales impacted by deferred European projects and ongoing US tariff uncertainties. Factory refurbishment delays push production restart to early 2026.

Axel REE Limited reports continued high-grade gallium and rare earth element assay results from its Caladão Project in Brazil, highlighting shallow, laterally extensive mineralisation in Area B. The company advances towards a maiden resource estimate, underscoring the project's strategic potential.

Brazilian Critical Minerals appoints Altris Engineering to spearhead the critical Ema Rare Earth Bankable Feasibility Study, aiming to advance its low-cost in-situ recovery project in Brazil.

Ionic Rare Earths’ UK subsidiary, Ionic Technologies, has won £11 million in government funding to spearhead a pioneering rare earth permanent magnet supply chain for electric vehicles, aiming to reduce UK dependence on Chinese exports and boost domestic EV manufacturing.

Chariot Corporation Ltd is set to acquire a 66.7% interest in a substantial Nigerian lithium portfolio, marking a strategic entry into Africa’s burgeoning lithium sector with a US$10 million funding commitment.

Power Minerals’ maiden drillhole at the Santa Anna Project in Brazil reveals significant niobium and rare earth element mineralisation at depths far beyond previous drilling, boosting the project’s resource potential.

Perpetual Resources has intersected over 200 meters of continuous lithium-caesium-tantalum pegmatite at its Igrejinha Project in Brazil, revealing promising signs of strategic caesium mineralisation alongside lithium. Initial assay results are expected soon, with further drilling underway to expand the discovery.

Viridis Mining and Minerals has released a comprehensive Pre-Feasibility Study for its Colossus Rare Earth Project in Brazil, showcasing robust economics, low-cost production, and a clear path to production by 2028. The study highlights the project's resilience across price cycles and its strategic positioning in the global rare earth supply chain.

Orthocell Limited has reported a record FY2025 revenue of A$9.19 million, driven by strong sales of its nerve repair product Remplir™ in Australia and a promising US market launch following FDA clearance.

Adelong Gold has confirmed significant high-grade antimony and gold mineralisation at its Lauriston Gold Project in Victoria, highlighting strong parallels to major Victorian Au-Sb systems and setting the stage for expanded exploration.