Rare Earth Element Mining Projects in Brazil

planning and feasibility

Two rare earth element mining projects are advancing in Brazil. Mosaic is working with Rainbow Rare Earths to develop a plan to extract rare earth elements from Mosaic’s phosphogypsum mine in Minas Gerais, potentially producing about 1,900 metric tons per year of separated neodymium and praseodymium oxide and 600 metric tons of a mixture of other rare earth elements. Verde AgriTech has raised $4.5 million to advance plans for producing rare earths near its potash mine in Brazil, conducting drilling and metallurgy tests to determine feasibility.