Welcome to our dedicated page for Brazilian Rare E news (Ticker: BRELY), a resource for investors and traders seeking the latest updates and insights on Brazilian Rare E stock.
Brazilian Rare Earths Limited reports project, exploration and development updates for rare earth and critical mineral assets in Bahia, Brazil. Recurring news covers drilling and assay results at the Monte Alto Rare Earths Project, district-scale exploration at the Sulista Project, metallurgical test work, ore sorting studies, and permitting milestones tied to trial mining and pilot-plant activities.
The company’s updates also include project studies for the Amargosa Bauxite-Gallium Project, processing flowsheet work for rare earth recovery, shareholder voting matters, capital-structure disclosures, governance matters, and operating and financial results.
Brazilian Rare Earths (BRELY) has restructured its agreement with Rio Tinto Brazil regarding the Amargosa Bauxite Project, replacing a US$40m milestone payment with a US$1.00/wet tonne royalty on future bauxite sales.
The project, acquired from Rio Tinto in 2023, features extensive exploration data including 56,919 metres of drilling across 4,257 holes. Recent drilling has revealed high-grade bauxite zones with intercepts of 27.5 metres at 51.3% total available alumina content.
A significant discovery has been made with the re-assaying of 1,275 bauxite samples, revealing exceptional gallium grades up to 190 ppm Ga2O3, with a mean grade of 75 ppm Ga2O3, positioning Amargosa among the highest-grade undeveloped gallium prospects globally.
The company has engaged RPM Global to accelerate development activities for a JORC-compliant Mineral Resource Estimate and Scoping Study, aiming to capitalize on rising demand and supply chain constraints in global bauxite and gallium markets.
Brazilian Rare Earths (ASX: BRE / OTCQX: BRELY) has announced significant exploration results at its Pelé Target 1 Project in Bahia, Brazil. The project, located within the Volta do Rio Plutonic Suite, has revealed multiple ultra-high-grade mineralisation discoveries.
Key findings include diamond drill results showing up to 13.5% TREO with significant concentrations of rare earth elements, including NdPr (23,217 ppm) and DyTb (938 ppm), along with other valuable minerals. Notable drill hole TG1DD0004 returned 29.8m of cumulative mineralisation, including 15.3m at 9.1% TREO from 25.6m depth.
The exploration has extended the mineralized trendline to 10 kilometers, with auger drilling discovering near-surface horizons of high-grade monazite sands reaching 7.9% TREO. The Pelé Project, situated 60km southwest of BRE's Monte Alto project, covers an area 60 times larger and represents one of three major confirmed projects alongside Monte Alto and Sulista.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) has announced the release of an updated company presentation on March 10, 2025. The presentation focuses on showcasing the company's rare earth projects located in Bahia, Brazil, highlighting their exceptional scale, grade, and development potential. The company describes these projects as world-leading in the rare earth sector.
Brazilian Rare Earths (ASX:BRE / OTCQX: BRELY) reported exceptional exploration results for Q4 2024 at its Monte Alto project. The company achieved record-breaking rare earth intercepts up to 45.7% TREO, with outstanding NdPr (69,558 ppm) and DyTb (11,696 ppm) grades. New record assays included niobium (1.7% Nb2O5) and tantalum (962 ppm Ta2O5).
Drilling extended high-grade, shallow monazite-sand mineralization, with intercepts of 18m at 6.8% TREO from surface. Airborne magnetics revealed potential for a larger mineralized system extending over 4km. Metallurgical testing achieved up to 94% TREO extraction under mild conditions, with chevkinite confirmed as the dominant mineral. The project contains 18 of 50 U.S. designated critical minerals at high grades.
The company secured permitting milestones with the approval of the Final Exploration Report for Monte Alto and 20 additional licenses covering 348 km² across the Rocha da Rocha Province.