Latest Brazil News

Brazilian Rare Earths Limited has obtained the final regulatory approval to operate its rare earth pilot plant in Brazil’s largest petrochemical complex, setting the stage for pilot operations in mid-2026.

Power Minerals has initiated leach testing on high-grade rare earth element samples from its Santa Anna Project in Brazil, aiming to unlock processing pathways and confirm resource potential. Results expected this month will guide further drilling and resource estimation.

Enova Mining has completed its first systematic geochemical sampling at the Santo Antônio do Jacinto project in Brazil, marking a significant step in exploring rare earth elements in a promising greenfield area. Assay results are expected by the end of September, setting the stage for targeted follow-up exploration.

Lightning Minerals is set to commence a significant diamond drilling program targeting high-grade gold zones at its newly acquired Mt Turner project in Queensland, aiming to unlock deeper mineralisation along the Drummer Fault.

Brazilian Critical Minerals has reported exceptional in-situ recovery results at its Ema project, achieving rare earth leaching grades over 14 times higher than the natural mineralised levels. These breakthrough findings mark a significant step towards commercial production.

Perpetual Resources has launched a prospectus to enable trading of new options issued alongside a recent $1.6 million placement, aiming to unlock liquidity while outlining key risks for investors.

Orthocell Ltd reported a record $9.23 million revenue for FY25, driven by strong sales of its nerve repair and dental products, alongside securing US FDA clearance for its flagship nerve repair device Remplir. The company is poised for accelerated growth as it expands its global commercial footprint.

Phoslock Environmental Technologies reports a sharp revenue increase driven by Brazil and international markets, yet continues to face significant losses and ongoing legal challenges.

Magnum Mining & Exploration has initiated leach testing on high-grade samples from its Palmares Rare Earth Element Project in Brazil, aiming to validate recovery rates ahead of planned drilling. Results expected by September will guide the next phase of exploration across its extensive REE portfolio.

Brazilian Critical Minerals Ltd has converted a significant portion of its outstanding debt into equity, issuing over 120 million shares to a key investor, while also raising a modest $50,000 through a new share placement to support working capital.

Gold Mountain Limited reports exceptional rare earth element intersections from 19 drill holes at its Down Under Project in Brazil, highlighting significant Magnet Rare Earth Oxide concentrations and advancing resource drilling plans.

SDI Limited’s FY25 results reveal steady revenue with improved margins driven by operational efficiencies and strong European and Brazilian sales. The company is progressing its Montrose facility project and advancing ESG initiatives.