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BBX Minerals Limited ( (AU:BCM) ) just unveiled an update.
Brazilian Critical Minerals Limited has successfully completed the first major step in its Ema pilot field trial in Brazil, achieving a significant permeability milestone within 72 hours of solution injection. This achievement demonstrates the potential for effective solution flow using ISR techniques, which is crucial for the commercial viability of the Ema rare earths project. The trial’s success in demonstrating hydraulic connectivity and the rapid influx of solution into extraction holes indicates promising prospects for the project’s future development and potential impact on the rare earths market.
More about BBX Minerals Limited
Brazilian Critical Minerals Limited is a company operating in the mining industry, focusing on the extraction and processing of rare earth elements. The company is engaged in projects that aim to harness the potential of rare earth-rich deposits, with a particular emphasis on innovative mining techniques such as in-situ recovery (ISR) to enhance efficiency and sustainability.
Average Trading Volume: 695,747
Technical Sentiment Signal: Sell
Current Market Cap: A$9.57M
For a thorough assessment of BCM stock, go to TipRanks’ Stock Analysis page.