Latest Brazil News

Meteoric Resources faces a delay in the approval of its Preliminary Environmental Licence for the Caldeira Rare Earth Project in Brazil, with a rescheduled vote set for mid-December. The company remains confident that all regulatory concerns have been addressed and anticipates minimal impact on project timelines.

Enova Mining has initiated diamond drilling at its East Salinas Project in Brazil, targeting high-grade rare earth element mineralisation with promising surface assays. The program aims to confirm mineral continuity and advance resource definition along a 4 km strike.

Core Energy Minerals Ltd has struck a binding deal to acquire the Itambe Rare Earth Project from Rio Tinto, unlocking a district-scale opportunity in Brazil with soil assays revealing rare earth oxide concentrations exceeding 5,000ppm.

Brazilian Critical Minerals Ltd has confirmed high-grade rare earth element mineralisation at its Ema project in Brazil, with new drilling results extending the resource footprint and reinforcing the project's economic potential.

Centaurus Metals has restarted diamond drilling at its newly enlarged Boi Novo Copper-Gold Project in Brazil’s prolific Carajás Mineral Province, aiming to build on promising high-grade copper-gold intersections and explore largely untested ground.

SDI Limited reported stable FY25 revenue with improved margins and advancing Montrose project, while regional sales showed mixed results.

Resouro Strategic Metals has finalized a key process flowsheet for its Tiros Project in Brazil, paving the way for a Preliminary Economic Assessment focused on high-grade titanium and rare earth recovery. This milestone brings the project closer to defining costs and production parameters.

Lightning Minerals has raised A$2.5 million to fund an aggressive Phase 2 drilling program at its Mt Turner Gold Project, following promising Phase 1 results that revealed significant gold mineralisation along a 12km strike.

Axel REE Limited reveals a substantial inferred resource at its Caladão Project, advancing plans for in situ recovery trial mining in 2026 to produce rare earth and gallium products. The company’s low-cost, environmentally conscious approach positions it well within Brazil’s Lithium Valley mining hub.

Alvo Minerals has raised $2.26 million through a placement to accelerate drilling and exploration at its Palma Copper-Zinc Project in Brazil, including the promising new Touro Prospect.

PainChek Ltd has secured FDA De Novo clearance for its Adult App, marking a pivotal entry into the US long-term care market and setting the stage for global expansion including its Infant App.

Axel REE Limited reports promising metallurgical results from its Caladão Project in Brazil, confirming a magnet-rich ionic clay system with rare earth grades comparable to established Asian operations. These findings underpin a low-capital, low-operating cost in-situ leach development strategy.