St George Mining Reports 75% Resource Increase at Araxa Rare Earths Project in Brazil

Published: Mar 4, 2026 17:55

Save

Australia’s St George Mining announced on Monday a resource update for its Araxa rare earths project in Brazil, representing an increase of up to 75%.

St George, which owned 100% of the project, said this was the result of work conducted since July 2025.

The company said the Araxa project’s ore resource had increased from 40 million mt to 70.91 million mt.

The total rare earth oxides (TREO) grade was 4.06%, and the niobium (Nb2O5) grade was 0.62%.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Common.Time.minsAgo

Lindian Resources Acquires 51% Stake in Kazakhstan Rare Earth Processing Plant

According to foreign media reports, ASX-listed Lindian Resources signed a binding agreement to acquire a 51% equity stake in the Sareco Mixed Rare Earth Carbonatite (MREC) processing plant in Kazakhstan. The plant was previously operated by a joint venture between Japan’s Sumitomo Corporation and Kazakhstan’s national atomic energy company, Kazatomprom, and will now be jointly operated by Lindian (51%) and its domestic joint-venture partner, the RA Group (49%). The acquisition will upgrade Lindian’s business from rare earth concentrate production to higher-value MREC production, significantly improving its economic returns.

Common.Time.minsAgo

1 hour ago

Rare Earth Prices Pulled Back, with Strong Wait-and-See Sentiment Downstream [SMM Rare Earth Weekly Review]

[SMM Rare Earth Weekly Review: Rare Earth Prices Pulled Back, Strong Wait-and-See Sentiment Downstream] Affected by news-related factors, the Pr-Nd oxide market saw heightened wait-and-see sentiment among downstream metal plants, and some traders proactively cut prices to boost shipments. As of today, Pr-Nd oxide prices had pulled back to 845,000-850,000 yuan/mt.

1 hour ago

Common.Time.hoursAgo

Japan and India in Talks to Explore Rare Earth Minerals in Rajasthan, Tech Support Expected

Japan is currently in talks with India on jointly exploring rare earth mineral deposits in Rajasthan. The Japanese government intends to dispatch experts to the site and is expected to provide mining technology support to Rajasthan.

Common.Time.hoursAgo