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BBX Minerals Limited ( (AU:BCM) ) has issued an announcement.
Brazilian Critical Minerals Ltd has reported exceptional results from its in-situ recovery field trials at the Ema project, with leaching grades reaching up to 7,800 ppm of total rare earth oxides (TREO), significantly higher than the in-situ mineralized grades. This advancement positions the Ema project for rapid progression towards production, highlighting the project’s potential to become a leading player in the rare earths sector. The high concentration of magnet rare earth oxides (MREO), which account for a substantial portion of the project’s future revenue, underscores the strategic and economic importance of these findings.
More about BBX Minerals Limited
Brazilian Critical Minerals Ltd is a company engaged in the mining industry, focusing on the extraction and production of critical minerals, particularly rare earth elements. The company operates in Australia and Brazil, with a strong emphasis on developing projects that leverage in-situ recovery (ISR) technology to efficiently extract high-grade rare earth materials.
Average Trading Volume: 6,776,919
Technical Sentiment Signal: Buy
Current Market Cap: A$38.77M
See more data about BCM stock on TipRanks’ Stock Analysis page.