Latest Brazil News

Summit Minerals has significantly expanded the soil anomaly footprint at its Equador Niobium Project in Brazil and secured $1.67 million through a placement and fully underwritten rights issue to advance exploration.

Aguia Resources has successfully raised approximately $4 million through a non-renounceable entitlement offer and placement of the shortfall, strengthening its capital position ahead of key project developments.

Axel REE Limited has reported maiden JORC Inferred Mineral Resource Estimates for rare earth elements and gallium at its Caladão Project in Brazil, alongside promising metallurgical test results and an expanded mineralised footprint.

4DMedical Limited has secured FDA clearance and immediate Medicare reimbursement for its groundbreaking CT – VQ™ lung imaging technology, accelerating commercial adoption across the US, Brazil, and Australia.

Karoon Energy has appointed industry veteran Carri Lockhart as its new CEO, signaling a strategic push as it prepares to operate the Baúna FPSO and expand in Brazil and the US.

Cleo Diagnostics has successfully completed Stage 1 of the Medical Device Single Audit Program, marking a significant step toward FDA submission and global commercialisation of its ovarian cancer test.

Terragen Holdings expands its probiotic product range into beef and lamb feedlots, secures key international approvals, and progresses large-scale trials while maintaining a $3 million cash reserve.

Lightning Minerals has launched its inaugural drilling campaign at the Mt Turner gold and silver project in Queensland, backed by a fresh A$2 million capital raise. Meanwhile, exploration advances across its lithium assets in Brazil signal a multi-commodity growth strategy.

Fluence Corporation Limited reported a solid cash flow position for Q3 2025, with positive net cash from operations and strong liquidity supported by available financing facilities.

Patagonia Lithium Limited has announced a substantial 319% increase in its lithium mineral resource at its Formentera/Cilon project, alongside plans for further drilling and geophysical surveys to bolster resource confidence.

Magnum Mining & Exploration has reported promising leach test results from its Brazilian rare earth projects and announced plans for a critical minerals processing hub in Nevada, supported by a $7 million capital raise.

Liberty Metals Limited has strategically pivoted into the critical minerals sector with a $2.5 million capital raise, new board appointments, and acquisition of three major Brazilian projects targeting rutile, ilmenite, zircon, and rare earths.