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The latest update is out from BBX Minerals Limited ( (AU:BCM) ).
Brazilian Critical Minerals Ltd has reported successful field trials at its Ema deposit, where rare earth elements were effectively recovered using in-situ recovery methods. The trials demonstrated exceptionally high-grade results, positioning the Ema project as one of the richest deposits for magnet rare earth elements, which are crucial for defense and aerospace industries. The company has received strong support from local and state authorities, indicating potential acceleration in project development once permits are secured. Additionally, Altris Engineering has been appointed as the lead engineer for the project’s feasibility study, further advancing the company’s strategic initiatives.
More about BBX Minerals Limited
Brazilian Critical Minerals Ltd is a company operating in the mining industry, focusing on the extraction and processing of rare earth elements (REEs). The company is involved in projects in Brazil, particularly in the Apuí region, and aims to support industries such as defense and aerospace with its high-grade mineral deposits.
Average Trading Volume: 8,664,678
Technical Sentiment Signal: Hold
Current Market Cap: A$76.51M
See more data about BCM stock on TipRanks’ Stock Analysis page.