Stock Track | Viridis Mining and Minerals Soars 5.17% Intraday on First Rare Earth Carbonate Production

Stock Track

May 26

Shares of Viridis Mining and Minerals Limited (VMM.AU) soared 5.17% during intraday trading on Tuesday, following a significant operational announcement from the company.

The surge comes after Viridis announced it successfully manufactured the first batch of high-grade mixed rare earth carbonate (MREC) at its demonstration plant in Poços de Caldas, Brazil. The plant is currently processing ionic clay feed sourced from the company's Colossus Project Northern Concessions, with the ore feed expected to support the proposed mine plan's early years.

With the demonstration plant now operational, Viridis plans to advance key initiatives, including producing MREC samples for potential offtake partners. The company's managing director highlighted that very few Western rare earth companies possess the in-house capability to continuously process ionic clay material at scale into a saleable MREC product, marking a notable technical and commercial milestone for the firm.

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The plant is currently processing ionic clay feed sourced from the company's Colossus Project Northern Concessions, with the ore feed expected to support the proposed mine plan's early years.</p><p>With the demonstration plant now operational, Viridis plans to advance key initiatives, including producing MREC samples for potential offtake partners. The company's managing director highlighted that very few Western rare earth companies possess the in-house capability to continuously process ionic clay material at scale into a saleable MREC product, marking a notable technical and commercial milestone for the firm.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VMM.AU","symbol_name":"VIRIDIS MINING AND MINERALS LIMITED","start_time":0,"source_url":"","article_id":"1161331400","we_media_id":"1086803395","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1161331400","pubTimestamp":1779754085,"columns":[],"sourceInfo":{"source_id":"ai_movement_en","name":"Stock Track"},"weMediaInfo":{"media_name":"Stock Track","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1086803395","head_image":"https://static.tigerbbs.com/a81accab1e7ee4144dc051f71903a390"},"summary":"Shares of Viridis Mining and Minerals Limited (VMM.AU) soared 5.17% during intraday trading on Tuesday, following a significant operational announcement from the company.The surge comes after Viridis...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"VMM.AU":"VIRIDIS MINING AND MINERALS LIMITED"},"translate_title":"股票追踪|首次生产碳酸稀土Viridis Mining and Minerals盘中飙升5.17%","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"VMM.AU":1},"content_text":"Shares of Viridis Mining and Minerals Limited (VMM.AU) soared 5.17% during intraday trading on Tuesday, following a significant operational announcement from the company.The surge comes after Viridis announced it successfully manufactured the first batch of high-grade mixed rare earth carbonate (MREC) at its demonstration plant in Poços de Caldas, Brazil. 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