Viridis Mining and Minerals Delivers First Batch of Refined MREC for Brazil Magnet Production

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Viridis Mining and Minerals (ASX:VMM) delivered the first five-kilogram batch of refined mixed rare earth carbonate (MREC) produced from ore from its Colossus project in Brazil at its Rare Earth Research and Processing Centre to SENAI Innovation and Technology Center of Minas Gerais, according to a Monday Australian bourse filing.

The MREC will initially be sent to the Center for Mineral Technology in Rio de Janeiro for separation into rare earth oxides, and then to the Institute for Technological Research in São Paulo for the production of rare earth alloy, before being sent back to the SENAI Innovation and Technology Centre for permanent magnet production and testing.

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