Brazilian Rare Earths Limited
BRE.ASXMaterials
Mineral exploration - rare earth elements and critical minerals.
Market Data
$6.930
+0.1%$1.8B
-100000.0x
$-0.166
0.00%
+0.6%
Latest Earnings
March 2026 Quarterly Report and Appendix 5B
27 April 2026
Brazilian Rare Earths Limited reported exceptional exploration progress at its Monte Alto rare earths project in Brazil, with ultra high-grade drilling results (up to 35.3% TREO) confirming large-scale potential and exceptional critical mineral co-enrichment across 32,372 metres of drilling. The company achieved major technical and permitting milestones including validation of >95% ore sorting recovery, 97% rare earth extraction at low-temperature processing (150°C), and securing a Trial Mining Licence from Brazil's National Mining Agency, positioning Monte Alto for a mid-2026 JORC-compliant Mineral Resource Estimate and Scoping Study. The Sulista district exploration footprint expanded to 17 km strike with multiple high-grade mineralised corridors, while BRE completed a A$5.0 million acquisition of the Água Verde Project to extend its regional rare earth portfolio. Key points: Monte Alto confirmed as globally significant ultra high-grade rare earth discovery with drilling results up to 35.3% TREO and cumulative true thicknesses up to 43 metres demonstrating exceptional scale and grade continuity; Exceptional ore sorting test results validated >95% recovery with >100% grade enrichment (2x upgrade factors from 12.4% to 27% TREO), supporting reduced capital and operating intensity; Low-temperature metallurgical process validated at 150°C achieving 97% rare earth extraction with estimated 91% mineral-to-product recovery and 89% uranium recovery when combined with ore sorting, enabling simplified flowsheet using conventional equipment
Recent Announcements
March 2026 Quarterly Report and Appendix 5B
Brazilian Rare Earths Limited reported exceptional exploration progress at its Monte Alto rare earths project in Brazil, with ultra high-grade drilling results (up to 35.3% TREO) confirming large-scale potential and exceptional critical mineral co-enrichment across 32,372 metres of drilling. The company achieved major technical and permitting milestones including validation of >95% ore sorting recovery, 97% rare earth extraction at low-temperature processing (150°C), and securing a Trial Mining Licence from Brazil's National Mining Agency, positioning Monte Alto for a mid-2026 JORC-compliant Mineral Resource Estimate and Scoping Study. The Sulista district exploration footprint expanded to 17 km strike with multiple high-grade mineralised corridors, while BRE completed a A$5.0 million acquisition of the Água Verde Project to extend its regional rare earth portfolio. Key points: Monte Alto confirmed as globally significant ultra high-grade rare earth discovery with drilling results up to 35.3% TREO and cumulative true thicknesses up to 43 metres demonstrating exceptional scale and grade continuity; Exceptional ore sorting test results validated >95% recovery with >100% grade enrichment (2x upgrade factors from 12.4% to 27% TREO), supporting reduced capital and operating intensity; Low-temperature metallurgical process validated at 150°C achieving 97% rare earth extraction with estimated 91% mineral-to-product recovery and 89% uranium recovery when combined with ore sorting, enabling simplified flowsheet using conventional equipment
Becoming a substantial holder
Bernardo da Veiga became a substantial holder (5.01%).
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