Brazilian Rare Earths Ltd. (AU:BRE) has released an update.
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Brazilian Rare Earths Ltd. has announced significant findings of high-grade tantalum at their Monte Alto project in Brazil, with assays showing up to 880ppm and an average grade of 305ppm across various intercepts. Tantalum, crucial for electronics and medical devices, is part of Monte Alto’s diverse mineralization, which includes rare earth elements and other critical minerals vital for technological and national security. The announcement highlights Brazil’s increasing role in the tantalum market amidst global supply chain risks and geopolitical concerns.
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