News News
Contact us
  • Customer service number:64321087
  • Commercial service telephone:13918059423
  • Technical service telephone:13918059423
  • Contact person: Mr. Cui 
  • Service email:shxtb@163.com
  • Address: room 107, building 8, no. 100, guilin road, xuhui district, Shanghai

Pasadena-Based Mining Company Initiates Rare Earths Project

The date of: 2019-08-19
viewed: 2

source:Pasadena Now

Pasadena-based Brazil Minerals announced Thursday it now has rare earths areas comprising three mineral rights totaling 12,528 acres in Brazil.

Brazil Minerals is headquartered on East Washington Blvd. in north Pasadena.

Two mineral rights are in the state of Goiás and one mineral right is in the state of Tocantins, the company said. Brazil is one of only very few countries where rare earth elements are known to occur in concentrations that allow economic recovery.

“This is a highly promising situation for Brazil Minerals,” Areli Nogueira, geological engineer of the project, said in a company statement. “Of particular importance is the fact that we have strong indications that our rare earths project contains the more sought-after heavy rare earths elements which are less commonly found.”

The term “rare earths” denotes a group of seventeen minerals which are needed in small amounts but essential in several high-technology applications including electric vehicles and military hardware.

Rare earth elements are metals and alloys that contain them are also used in many devices that people use every day: computer memory, DVDs, rechargeable batteries, cell phones, catalytic converters, magnets, fluorescent lighting and much more.

Brazil Minerals said its rare earths project claims and areas nearby have had prior studies performed by researchers from both the Brazilian Geological Service and a private university.

“This news is extremely relevant,” Marc Fogassa, Brazil Minerals CEO, said. “Due to an aggressive push that we implemented throughout this year, Brazil Minerals now has projects in both lithium and rare earths. These are all highly strategic minerals, and each of these projects alone is transformational and could catapult us to a new level.”



Hot News / Related to recommend
  • 2019 - 12 - 11
    Click on the number of times: 0
    source:Manufacturers' MonthlyA processing plant for rare earth minerals will be built near Kalgoorlie, in Western Australia.Lynas Corporation will build the site, subject to approval processes, and fo...
  • 2019 - 12 - 10
    Click on the number of times: 1
    source:ReutersBEIJING (Reuters) - Commodities trading firm Noble Group Holdings Ltd said on Monday its subsidiary Talaxis has signed a memorandum of understanding (MoU) to potentially supply rare eart...
  • 2019 - 12 - 09
    Click on the number of times: 2
    source:The Raleigh Recorder (press release)The Global Rare Earth Compounds Market report presents an overview of objectives study and definition of Rare Earth Compounds market. This new market researc...
  • 2019 - 12 - 06
    Click on the number of times: 1
    source:Small CapsBeneficiation testwork on ore from Vital Metals’ (ASX: VML) North T deposit within the Nechalacho rare earth project in Canada has demonstrated the ability to produce high-grade rare ...
  • Copyright ©Copyright 2018 2020 Shanghai rare earth association All Rights Reserved Shanghai ICP NO.05017621
    the host:Shanghai Association of Rare Earth the guide:Shanghai Development and Application Office of Rare Earth the organizer:Shanghai rare earth industry promotion center
    犀牛云提供云计算服务