Brazilian Rare Earths Ltd. (AU:BRE) has released an update.
Brazilian Rare Earths Ltd. has reported significant progress in their exploration activities, including the expansion of their high-grade rare earth element (REE), niobium, and scandium exploration corridor at the Monte Alto project and the start of an extensive Phase II drilling program. The company also announced a new discovery, the Pelé Project, which shows promise for ultra-high grade REE-Nb-Sc mineralization over a large exploration area. Additionally, BRE completed the acquisition of the Sulista Rare Earth Project and secured extensive exploration licenses, positioning them as a dominant player in the rare earth sector.
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