Resouro's Brazil Project Selected to Participate in Funding Plan

MT Newswires Live

2025/06/17

Resouro Strategic Metals (ASX:RAU) said its Tiros titanium and rare earth elements project in Brazil has been selected by state agencies for inclusion in a strategic funding initiative totaling 5 billion Brazilian reais, according to a Monday filing with the Australian bourse.

Funding from the plan will support metallurgical testing and a demonstration plant at the project, the filing said.

The final funding amount and disbursement timelines will be confirmed by July 25, the filing added.

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