Viridis Mining Raises $120M for Rare Earth Project in Brazil, Completes Feasibility Study

Published: Aug 25, 2026 14:54

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Australian-listed developer Viridis Mining and Minerals has raised up to $120 million and completed a definitive feasibility study (DFS) for its ion-adsorption rare earth ore project in Brazil, bringing the asset closer to a final investment decision.

The equity plan includes $75 million from One Investment Management (OneIM), $40 million from institutional shareholders, and $5 million in accelerated loans from existing investors ORE Investments and Regia Capital. OneIM will hold a 9.9% stake.

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