Brazilian Rare Earths - Amargosa Bauxite-Gallium Scoping Study

Rhea-AI Summary

Brazilian Rare Earths (ASX: BRE / OTCQX: BRELY) announced the results of a Scoping Feasibility Study for its 100%‑owned Amargosa Bauxite‑Gallium Project in Bahia, Brazil on December 15, 2025. The study indicates the Project has potential to operate as a simple, capital‑efficient direct‑ship‑bauxite (DSB) mine producing approximately 5 million tonnes per annum using a truck‑and‑shovel model. The development pathway would leverage existing road infrastructure and an established export port to deliver low‑silica bauxite to the global seaborne market. Technical study and presentation documents are available for review.

Positive

• 100% ownership of the Amargosa Project
• ~5 Mtpa direct‑ship‑bauxite development pathway
• Plan leverages existing road infrastructure and an established export port
• Scoping study describes capital‑efficient truck‑and‑shovel operation

Negative

• None.

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SYDNEY, Dec. 15, 2025 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX: BRE / OTCQX: BRELY) (‘BRE’) is pleased to report the results of the Scoping Feasibility Study for its 100%-owned Amargosa Bauxite-Gallium Project (Amargosa, or the Project) in Bahia, Brazil.

The Scoping Feasibility Study confirms that Amargosa has the potential to be a simple, capital-efficient, direct-ship-bauxite (DSB) project with strong economic returns. The current development pathway is a ~5 million tonne per annum truck-and-shovel DSB operation that leverages existing road infrastructure and an established export port to deliver high-quality, low-silica bauxite into the global seaborne market.

The detailed Amargosa scoping study technical document can be found here.

The Amargosa scoping study presentation can be found here.

Contacts

Bernardo Da Veiga, Managing Director and CEO

investors@brazilianrareearths.com
www.brazilianrareearths.com

A PDF accompanying this announcement is available at http://ml.globenewswire.com/Resource/Download/0cfe26a4-8e1c-4880-a36e-6bd33cae668b

FAQ

What did Brazilian Rare Earths announce for Amargosa on December 15, 2025 (BRELY)?

The company released a Scoping Feasibility Study indicating potential for a capital‑efficient DSB operation at Amargosa.

How large is the proposed Amargosa operation in the BRELY scoping study?

The study outlines a ~5 million tonnes per annum truck‑and‑shovel direct‑ship‑bauxite operation.

Who owns the Amargosa Bauxite‑Gallium Project (BRELY)?

Brazilian Rare Earths holds 100% ownership of the Amargosa Project.

What infrastructure will Amargosa use according to the BRELY study?

The development pathway plans to use existing road infrastructure and an established export port for shipments.

Does the BRELY announcement provide technical documents for Amargosa?

Yes, the company made the detailed scoping study technical document and a presentation available for review.

What product quality is highlighted for Amargosa in the BRELY scoping study?

The study highlights delivery of high‑quality, low‑silica bauxite to the global seaborne market.