Australian rare earth companies Lynas Rare Earths and Meteoric Resources have agreed to an approximately $672 million deal that will bring Meteoric’s giant reserve in Brazil into Lynas’ already extensive portfolio of rare earth mine […]
Meteoric Resources, an emerging player in the rare earths sector from Australia, has opened its Caldeira Rare Earth Project pilot plant in Minas Gerais, Brazil. The plant is located at Meteoric’s Innovation & Research Center in Poços de Caldas and represents an important step in the development of future operations of the project. […]
With the emergence of LabFabITR as a new government-supported magnet factory in southeastern Brazil, South America is joining other continents that are building their capability to manufacture magnets domestically. Development of new rare earth mines and building a magnet recycling industry are related aspects of the grand plan, centered in the minerals-rich state of Minas Gerais. […]
Neo Performance Materials has agreed with Meteoric Resources for offtake of 3,000 metric tons of total rare earth oxide per year from Meteoric’s Caldeira Project in Minas Gerais, Brazil to supply Neo’s magnet manufacturing plant in Estonia. […]
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