NewsFlash / Rare Earth / REA Secures $16M Funding for Heavy Rare Earths Exploration in US and Brazil
REA Secures $16M Funding for Heavy Rare Earths Exploration in US and Brazil
iconAug 19, 2025 17:00
Source:SMM
[Breaking News: REA to Explore Heavy Rare Earths in US, Brazil] American rare earth exploration company Rare Earths Americas (REA) recently revealed that it has successfully completed a $16 million private financing. This funding will support the company's further development and exploration of high-grade rare earth elements in the US and Brazil. REA currently manages four key assets: the Foothills project in the US, and the Alpha, Constellation, and Homer projects in Brazil. Among them, the Foothills project in the US is a newly discovered rare earth ore located in Georgia, with rare earth oxide grades as high as 41.3%, particularly rich in dysprosium and terbium monazite. In Brazil, REA's Alpha and Constellation projects are located in Bahia and Minas Gerais states respectively, targeting ion-adsorption rare earth ores, estimated to contain up to 1 billion mt of rare earth resources, including dysprosium and terbium. It is worth noting that the Foothills, Alpha, and Constellation projects also contain neodymium and praseodymium. Additionally, REA's Homer project in Goias, Brazil, has attracted significant attention, containing multiple large carbonate-type ores, with great potential for exploring rare earth and niobium products.
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