BBX Minerals Limited ( (AU:BCM) ) has provided an update.
Brazilian Critical Minerals Ltd has received a two-year water usage permit from the Amazonas state Environmental Protection Institute for its Ema project, allowing the company to commence a field pilot trial. This trial, which is crucial for validating laboratory work and refining extraction processes, will assess the permeability of clays and the chemistry of leached profiles, providing essential data for the next phase of the project. The trial, expected to start in Q2 2025, involves collaboration with WSP Brazil and aims to gather key information for future environmental permitting and extraction system design.
More about BBX Minerals Limited
Brazilian Critical Minerals Ltd is a company operating in the mining industry, focusing on the extraction and processing of rare earth elements. The company is actively involved in projects in Brazil, with a particular emphasis on the Ema project, which is centered around the development and testing of rare earth extraction techniques.
Average Trading Volume: 565,694
Technical Sentiment Consensus Rating: Buy
Current Market Cap: A$9.57M
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