Brazilian Rare Earths Ltd. has announced a significant breakthrough in their Monte Alto Project, successfully producing a mixed-rare-earth carbonate (MREC) and uranium peroxide. This development leverages Brazil's abundant low-cost hydroelectric power and skilled labor, aiming to produce key products such as NdPr oxide and a heavy rare earth-rich SEG+ concentrate. The project highlights high recoveries of magnetic rare earth elements like NdPr and DyTb, with extraction rates between 86-90% through hydrometallurgical leaching. This innovative direct 'run-of-mine' approach bypasses mineral beneficiation, offering both capital and operational cost advantages, and enhancing rare-earth yields. Further metallurgical studies are underway to produce separated NdPr rare earth products and recover valuable co-products including niobium, tantalum, and scandium.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.