Brazilian Rare Earths Ltd. (AU:BRE) has released an update.
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Brazilian Rare Earths Ltd. has reported promising results from its Monte Alto Rare Earth Project in Bahia, Brazil, with metallurgical tests showing up to 94% efficient extraction of rare earth elements. This innovative direct leaching process could significantly reduce costs, enhance yields, and open pathways for exporting high-grade minerals. The company plans to complete a scoping study by mid-2025 to explore further economic potentials of the project.
For further insights into AU:BRE stock, check out TipRanks’ Stock Analysis page.
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