Latest Brazil News

OpenLearning Limited reports a strong Q3 FY25 with SaaS ARR up 27% year-on-year and a successful $2.6 million capital raise, positioning the company for cash flow breakeven within 18 months.

Nova Minerals has secured a significant US$43.4 million funding award from the U.S. Department of War to accelerate its Estelle Project in Alaska, advancing both gold and antimony development with strong government backing and infrastructure progress.

Minbos Resources advances its Cabinda phosphate fertilizer project with key funding restructures, minority shareholder buyouts, and the start of early mining operations. Strategic partnerships and construction milestones position the company for growth despite funding delays.

Meteoric Resources has confirmed the Caldeira Rare Earth Project as a world-class, long-life asset with a maiden Ore Reserve and strong Pre-Feasibility Study results, while advancing pilot plant commissioning in Brazil.

Pilbara Minerals has delivered a robust start to FY26, boosting lithium production and revenue while cutting unit costs at its Pilgangoora operation. The company also advances key growth projects amid a volatile lithium market.

Pilbara Minerals reported steady spodumene production and a 30% revenue increase in the September quarter, driven by higher lithium prices and improved operational efficiencies. The company also outlined growth plans amid market volatility.

Magnum Mining & Exploration is advancing its strategic critical minerals projects with a focus on U.S. production and high-grade rare earth exploration in Brazil, backed by recent capital raising and government-aligned permitting efforts.

Phoslock Environmental Technologies reported a $952,000 operating cashflow deficit in Q3 2025 amid rising legal and logistics expenses, while sales volumes improved and production is set to resume in early 2026.

Karoon Energy reported a 12% production dip in Q3 2025 due to operational challenges but saw a 3% revenue increase driven by higher oil prices and secured a new deepwater block in Brazil.

St George Mining’s latest diamond drilling results at the Araxá Project confirm a significant westward extension of high-grade rare earth and niobium mineralisation, reinforcing the potential for a major resource upgrade.

Brazilian Critical Minerals has successfully produced a high-grade mixed rare earth carbonate containing 50% total rare earth oxides from low-grade field leach solutions at its Ema Project, validating its in-situ recovery process and commercial viability.

Resouro Strategic Metals has completed a $3 million private placement, attracting strategic investor Jose Luis Manzano to support its Tiros Titanium-Rare Earths Project in Brazil.