Axel REE Confirms Second ISL Target at Brazil’s Caladão Rare Earth Project

An update from Axel REE Ltd. ( (AU:AXL) ) is now available.

Axel REE has reported a second round of magnesium sulphate bench-scale leach test results from the Paraíso target (Area A) at its Caladão Ionic Clay Rare Earth Project in Brazil, confirming thick, near-surface zones of soluble rare earths with a magnet-rich basket and strong NdPr and MREO proportions suitable for producing a high-value mixed rare earth carbonate. Together with earlier Woolrich (Area B) results, the data define two separate in-situ leach target areas and underpin a scalable, multi-wellfield development concept, as the company advances multiple technical workstreams—including expanded leach testing, column and sequential leach programs, hydrogeological and geotechnical studies, infill drilling and 3D modelling, and initial commercial engagement—to de-risk and ultimately move Caladão toward pilot-scale ISL testing and potential emergence as a non-Chinese source of rare earth supply.

More about Axel REE Ltd.

Axel REE Limited is an ASX- and Frankfurt-listed rare earth exploration and development company focused on the Caladão Ionic Clay Rare Earth Project in Brazil’s Lithium Valley region of Minas Gerais. The project hosts large-scale resources of total rare earth oxides (TREO) and gallium, and the company is targeting in-situ leach (ISL) production of a high-value mixed rare earth carbonate (MREC) product, with a particular emphasis on magnet-rich rare earth elements used in high-performance permanent magnets.

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