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BBX Minerals Limited ( (AU:BCM) ) has shared an update.
Brazilian Critical Minerals Limited has announced exceptional results from its field trials at the Ema project, showcasing high-grade rare earth leaching efficiencies. The trials revealed rare earth grades exceeding 3,000 ppm, with a significant portion comprising magnet rare earth elements, positioning the project as a leading source of these critical materials. The successful use of a low-cost, environmentally friendly leaching process and a competitive CAPEX of US$55M underscores the project’s scalability and potential impact on the market.
More about BBX Minerals Limited
Brazilian Critical Minerals Limited (ASX: BCM) operates in the mining industry, focusing on the extraction and development of critical minerals, particularly rare earth elements. The company is engaged in projects that utilize innovative in-situ recovery techniques to extract high-grade mineral deposits, with a market focus on supplying materials essential for high-performance magnets used in defense and aerospace sectors.
Average Trading Volume: 5,108,584
Technical Sentiment Signal: Hold
Current Market Cap: A$25.01M
For a thorough assessment of BCM stock, go to TipRanks’ Stock Analysis page.