RE: USA and Brazil to sign rare earths deal28 Jan 2026 17:49
This was 2024 when rare earths back in doldrims
Now in 20026 they are up over 100% in 12mths
Much more attractive proposition , and now, as of Jan 2026 USA and Europe desperately trying make a Brazil rare earth deal
From 2024
razil has emerged as a significant player in the REE arena, with 3 high-quality projects already identified and several potential areas being explored by the likes of Meteoric Resources, Brazilian Rare Earths and Viridis Mining and Minerals. We hope the results from our work programme will enable Arapuá to ultimately join this list".
Background
As previously reported on our news release dated April 14, 2024, Harvest had initiated its assessment of the REE occurrences over the area of its Arapuá Project, encouraged by collected rock samples with total rare earth oxides ("TREO") contents ranging from 1,176 ppm to 1,860 ppm, supporting historical lab analyses, which has outlined REE levels between 1,837 ppm and 4,117 ppm TREO.
Harvest has been proceeding with the REE assessment and will now embark on a two-phased approach following the recently announced capital raise.
Phase 1: Analysis of historical samples and new samples from a total of 7 boreholes, using auger drilling, including Kamafugito and Capacete Formation.
In these samples, all necessary tests will be conducted to: Analyze for total rare earth elements (TREE); Evaluate the variation of REE content in the weathering profile.
Subsequently, it will be identified which minerals contain the REE.
In the final stage of this phase, options for beneficiation processes will be evaluated.