{"id":89778,"date":"2025-01-30T02:06:05","date_gmt":"2025-01-30T02:06:05","guid":{"rendered":"https:\/\/pakistaninewspaperlist.com\/news\/update-brazilian-rare-earths-december-2024-quarterly-report\/"},"modified":"2025-01-30T02:06:05","modified_gmt":"2025-01-30T02:06:05","slug":"update-brazilian-rare-earths-december-2024-quarterly-report","status":"publish","type":"post","link":"https:\/\/pakistaninewspaperlist.com\/news\/update-brazilian-rare-earths-december-2024-quarterly-report\/","title":{"rendered":"UPDATE &#8212; Brazilian Rare Earths December 2024 Quarterly Report"},"content":{"rendered":"<div id=\"main-body-container\" itemprop=\"articleBody\">\n<p align=\"left\">SYDNEY, Jan.  29, 2025  (GLOBE NEWSWIRE) &#8212; <strong>Brazilian Rare Earths Limited (ASX:BRE \/ OTCQX: BRELY)<\/strong> (\u2018BRE\u2019) is pleased to provide its quarterly report for the period ended 31 December 2024. Key highlights during and subsequent to the end of the quarter included:<\/p>\n<p align=\"justify\"><strong>Record Exploration Success Continues at Monte Alto <\/strong><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt; text-align:justify;\">Ultra-high-grade rare earth intercepts up to 45.7% TREO, with standout grades of NdPr (69,558 ppm) and DyTb (11,696 ppm)<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">New record assays for niobium (1.7% Nb<sub>2<\/sub>O<sub>5<\/sub>) and tantalum (962 ppm Ta<sub>2<\/sub>O<sub>5<\/sub>) with very-high grades of scandium (382 ppm Sc<sub>2<\/sub>O<sub>3<\/sub>) and uranium (5,781 ppm U<sub>3<\/sub>O<sub>8<\/sub>)<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">Exploration increased the continuity, depth and scale of the ultra-high-grade REE-Nb-Sc-Ta-U mineralised envelope, that remains open along strike and at depth<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">Drilling extended the large horizons of high-grade, shallow monazite-sand mineralisation, including intercepts of 18m at 6.8% TREO from surface<\/li>\n<\/ul>\n<p align=\"justify\"><strong>District-Scale Growth Potential at Monte Alto <\/strong><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt; text-align:justify;\">Airborne magnetics revealed the potential for a larger, interconnected high-grade mineralised system extending over 4 km beyond the maiden Monte Alto deposit<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">Multiple new regional discoveries, including high-grade rare earth outcrops of up to 14.6% TREO, rich in heavy rare earth elements dysprosium (5,691 ppm), terbium (737 ppm) and yttrium (74,543 ppm)<\/li>\n<\/ul>\n<p align=\"justify\"><strong>Outstanding Mineralogy and Metallurgy Results <\/strong><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt; text-align:justify;\">Chevkinite confirmed as the dominant mineral in the REE-Nb-Sc-Ta-U mineralisation, hosting exceptional grades of rare earths, niobium, tantalum, scandium and uranium<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">Metallurgical test work on non-beneficiated \u2018run-of-mine\u2019 chevkinite achieved up to 94% TREO \u2018extraction\u2019 under mild acid and atmospheric leach conditions<\/li>\n<\/ul>\n<p align=\"justify\"><strong>Strategic Critical Minerals Portfolio <\/strong><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt; text-align:justify;\">High-grade tantalum (up to 880 ppm) added to rare earths, niobium, scandium, and uranium endowment<\/li>\n<li style=\"margin-bottom:8pt; text-align:justify;\">Monte Alto has 18 of the 50 U.S. designated \u2018critical minerals\u2019 at high grades<\/li>\n<\/ul>\n<p align=\"justify\"><strong>Permitting Milestone<\/strong><\/p>\n<ul type=\"disc\">\n<li style=\"margin-bottom:8pt; text-align:justify;\">Permitting progressed with approval of the Final Exploration Report for Monte Alto<\/li>\n<li style=\"margin-bottom:12pt; text-align:justify;\">Final Exploration Reports for\u00a020 additional licences\u00a0(324 km\u00b2) across the Rocha da Rocha Province, for a combined total of 348 km\u00b2<\/li>\n<\/ul>\n<p align=\"justify\"><strong>The detailed quarterly report can be found <\/strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=zWK0LDfojYPlrHa91RqNLP7uubFMJAa7XMAUD05SqGO05GTlO2Uu1E6EFuDe_8xV6rwI81pQFR5W-rLWfB5AQ0swKSH6PGmSFQeeVyMv6PgfRrQDBOVi_02fV3B97I2_\" rel=\"nofollow\" target=\"_blank\" title=\"\"><strong>here<\/strong><\/a><strong>.<\/strong><\/p>\n<p align=\"justify\"><strong>Contacts<\/strong><\/p>\n<p>Bernardo Da Veiga, Managing Director and CEO<\/p>\n<p><strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=5BmJ_yPkIAbUrXSy0iZZuB5GZtxdehd0dh2EC1sIeHNpe1X1U-VSReMcjBHTraZ6rIfKilRW8J9j-i1-3bTSMyY92-YiSk3HYykb0PHQgRAT70SMBSXqUb_xyWfMokL9NpqgVQxHkvuJiFDf1uu6nA==\" rel=\"nofollow\" target=\"_blank\" title=\"investors@brazilianrareearths.com\">investors@brazilianrareearths.com<\/a><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=ghiYT3oM-6XAmonVVQN5N6ZcE9z_q1oVOWKppOOW8TzxS5QiRtqS0kt_B8M7eOkqbw0XMzqXTKXgU9eggMeZjKNMHKy5XEnJNrsAy4g_asA=\" rel=\"nofollow\" target=\"_blank\" title=\"\"><br \/><\/a><\/strong><strong><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=Vik2kBitoMEuScgOBlqZsdtAUuxCoBi4bh0kSrL3Hha62F5UN1uvn5R__Tb98x247uoYktMJdM0pqUxa6AGQRgW2e0Y1bEhchzOJ77-q_xHWz6YR5EGLEJHe4J2nEo1C\" rel=\"nofollow\" target=\"_blank\" title=\"www.brazilianrareearths.com\">www.brazilianrareearths.com<\/a><\/strong><\/p>\n<p>A photo accompanying this announcement is available at<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=N8-iuS88L7QD8uo7hG7tZdAICAziwdUORdEszyTWpoJz9us1yyaKberxmBFrJ_oXif3pZ7K18SmrojuJTloDUkgZ1vJoyjPbStT-xcoGa_EJxVwHh83BYbSHc3gurKMdVbr4hSo2E89BmsnMkkVdtfn81GmtkMK2ZRTJg1ECyRsQZZEjCLBBGvZNqzsfSBOkCYjADHUo4pl-8txMDafVZqACmJcwJ88Kex7LoCsbi2PYrvcslr5_2BklzNw4KUPZwpUrp3_f1iciFufAfNyJAg==\" rel=\"nofollow\" target=\"_blank\" title=\"\">https:\/\/www.globenewswire.com\/NewsRoom\/AttachmentNg\/8f65a599-ccac-49e9-90a0-76ea04566335<\/a><\/p>\n<p>\n            <\/div>\n","protected":false},"excerpt":{"rendered":"<p>SYDNEY, Jan. 29, 2025 (GLOBE NEWSWIRE) &#8212; Brazilian Rare Earths Limited (ASX:BRE \/ OTCQX: BRELY) (\u2018BRE\u2019) is pleased to provide its quarterly report for the period ended 31 December 2024. Key highlights during and subsequent to the end of the quarter included: Record Exploration Success Continues at Monte Alto Ultra-high-grade rare earth intercepts up to [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":89779,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"fifu_image_url":"https:\/\/ml.globenewswire.com\/Resource\/Download\/8f65a599-ccac-49e9-90a0-76ea04566335","fifu_image_alt":"","footnotes":""},"categories":[208],"tags":[],"class_list":["post-89778","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-globenewswire"],"acf":[],"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/89778","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/comments?post=89778"}],"version-history":[{"count":0,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/posts\/89778\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media\/89779"}],"wp:attachment":[{"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/media?parent=89778"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/categories?post=89778"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/pakistaninewspaperlist.com\/news\/wp-json\/wp\/v2\/tags?post=89778"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}