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BBX Minerals Limited ( (AU:BCM) ) has shared an announcement.
Brazilian Critical Minerals Limited has commenced in-situ recovery (ISR) field trials at its Ema Rare Earths Project in Brazil. This trial is designed to validate the hydrogeological and metallurgical conditions necessary for a full-scale ISR operation, with the goal of producing a mixed rare earth carbonate product. The trial will assess the permeability of the mineralized zone and collect data to optimize the ISR mining method. Successful results could solidify the project’s position as a leading environmentally responsible rare earth mining operation, potentially impacting future strategic partnerships and offtake agreements.
More about BBX Minerals Limited
Brazilian Critical Minerals Limited (ASX: BCM) operates in the mining industry, focusing on the extraction and production of rare earth elements. The company is engaged in the Ema Rare Earths Project in Brazil, which is notable for its unique geological characteristics that allow for high recoveries using environmentally responsible methods. BCM aims to produce a mixed rare earth carbonate product, leveraging its low capital intensity requirements compared to other western rare earth projects.
Average Trading Volume: 931,299
Technical Sentiment Signal: Sell
Current Market Cap: A$9.57M
For an in-depth examination of BCM stock, go to TipRanks’ Stock Analysis page.