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

11 hours ago

Rare Earth Prices Stable: Pr-Nd Oxide at 775,000-780,000 Yuan/mt, Alloy at 935,000-950,000 Yuan/mt

[SMM Rare Earth News Flash] Affected by multiple factors, as of 17:00 today, the spot Pr-Nd oxide was quoted at 775,000-780,000 yuan/mt, unchanged from the morning price, and spot Pr-Nd alloy was quoted at 935,000-950,000 yuan/mt, also unchanged from the morning price. According to SMM, some transactions of Pr-Nd oxide were concluded at 775,000-777,000 yuan/mt. Some suppliers reported that supplies below 775,000 yuan/mt were hard to find. Although downstream magnetic material enterprises actively inquired and restocked, they showed obvious resistance to high-priced metals, with the highest transaction price of Pr-Nd alloy reaching 945,000 yuan/mt.

11 hours ago

17 hours ago

Rare Earth Prices Rise Outside China, Driven by Domestic Increases and Future Expectations

[SMM Overseas Rare Earths Update] Driven by rising prices in China and future expectations, mainstream rare earth prices outside China edged up this week. Praseodymium oxide FOB closed at $126-130/kg, neodymium oxide FOB closed at $157-189/kg, up $2/kg WoW, praseodymium metal FOB closed at $171-179/kg, up $5/kg WoW, and neodymium metal FOB closed at $159-179/kg, up $6/kg WoW.

17 hours ago

Rare Earth Prices Surge: Gadolinium, Holmium, and Yttrium See Significant Increases

[SMM Rare Earth Update] As of 11:00 AM today, driven by the continuous rise in Pr-Nd prices, suppliers raised their offers for gadolinium oxide to 235,000-240,000 yuan/mt, up 5,000 yuan/mt from yesterday morning. Gadolinium iron prices were raised to 225,000-230,000 yuan/mt, up 2,500 yuan/mt from yesterday morning. Holmium oxide was quoted at 543,000-547,000 yuan/mt, up 3,500 yuan/mt from yesterday morning. Holmium iron was quoted at 550,000-555,000 yuan/mt, up 5,000 yuan/mt from yesterday morning. Yttrium metal was quoted at 270-280 yuan/kg, up 40 yuan/kg from yesterday morning.

17 hours ago