SYDNEY, May 20, 2025 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX: BRE / OTCQX: BRELY) (‘BRE’) is pleased to announce that it has signed a binding agreement with SENAI CIMATEC for the joint development of both a bench-scale laboratory and a pilot plant for the beneficiation of BRE’s high-grade rare earth ores.
The pilot plant development marks a significant milestone in BRE's strategy to optimise rare earth mineral processing and separation. Development studies are now underway, with commissioning of the facility scheduled for mid 2026. SENAI CIMATEC and associated partner organizations will provide funding of approximately R$8.2 million (~A$2.3 million), covering 58% of the project's anticipated total capital and operational expenditures.
BRE and SENAI CIMATEC are actively discussing further potential collaboration on constructing a commercial-scale hydrometallurgical and separation plant to process rare earth concentrates into high-value separated rare earth and critical element products.
Brazilian Rare Earths’ CEO and MD, Bernardo da Veiga, commented:
“This strategic partnership with SENAI CIMATEC accelerates our in-country technical development capabilities and reinforces our commitment to unlock full value from our rare earth assets. We highly value the financial support and technical expertise provided by SENAI CIMATEC and look forward to this collaborative partnership.”
About SENAI CIMATEC
SENAI CIMATEC, based in Salvador, Bahia, operates as a leading Brazilian hub for technology, innovation, and industrial development. The institution specializes in robotics, advanced manufacturing, aerospace, mineral and mining technologies. SENAI CIMATEC maintains cooperative research agreements with renowned global institutions including MIT, the University of Virginia, and the Fraunhofer Institute.
A link to the full announcement can be found here.
Contacts
Bernardo Da Veiga, Managing Director and CEO
investors@brazilianrareearths.com
www.brazilianrareearths.com
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