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The latest update is out from Brazilian Rare Earths Ltd. ( (AU:BRE) ).
Brazilian Rare Earths Limited has achieved record exploration success at its Monte Alto site, with ultra-high-grade rare earth intercepts and new assay records for niobium and tantalum. The company has expanded the scale and continuity of its mineralized envelope, revealing a larger interconnected system extending over 4 kilometers. The Monte Alto project demonstrates high-grade potential with exceptional metallurgical results, confirming chevkinite as the dominant mineral. The approval of the Final Exploration Report and additional permits marks a significant milestone, enhancing the company’s strategic critical minerals portfolio.
More about Brazilian Rare Earths Ltd.
Brazilian Rare Earths Limited (ASX:BRE) is involved in the exploration and development of rare earth elements, with a focus on high-grade rare earths, niobium, scandium, tantalum, and uranium. The company operates in the Monte Alto region, which showcases significant potential for district-scale mineralization.
YTD Price Performance: 0.0%
Average Trading Volume: 190,201
Technical Sentiment Consensus Rating: Strong Buy
Current Market Cap: A$581.8M
For a thorough assessment of BRE stock, go to TipRanks’ Stock Analysis page.