Brazilian Rare Earths

What Brazilian Rare Earths does

Brazilian Rare Earths Limited (ASX: BRE) is an Australian-incorporated, Sydney-headquartered mineral exploration and development company advancing a district-scale rare earths and critical minerals province in Northeast Brazil (Bahia state). The company controls the Rocha da Rocha Critical Minerals Province, spanning over 1 million acres of contiguous exploration ground and containing multiple high-grade discoveries including the Monte Alto project (ultra-high-grade intercepts up to 35.3% TREO), the Sulista Rare Earths District (17+ km of mineralized strike), and the Velhinhas Corridor (9+ km of parallel mineralized trends). BRE also holds the Amargosa Bauxite-Gallium Province with a 568 Mt JORC Mineral Resource. The portfolio includes 18 of the 50 US-designated critical minerals, positioning BRE as a potential major non-Chinese source of rare earths and adjacent materials.

BRE has developed a proprietary low-temperature sulfuric acid curing metallurgical process validated at 15 kg scale by Brazil's CDTN federal research institute, achieving 97% TREO recovery and 97% NdPr recovery at 150°C — eliminating the energy-intensive rotary kilns (>250°C) used in conventional rare earth processing. Combined with ore sorting technology yielding >95% recovery and >100% grade enrichment, the company's flowsheet targets ~91% total mineral-to-product TREO recovery with lower capex and opex. The company holds a Trial Mining Licence from Brazil's National Mining Agency (ANM) authorizing up to 2,000 tonnes per annum of direct-ship product from Monte Alto for customer evaluation.

The business model centers on direct offtake agreements with Western rare earth processors and magnet manufacturers seeking non-Chinese supply chains. BRE has executed a binding 10-year offtake agreement with France's Carester SAS for up to 150 tpa of contained dysprosium and terbium, with Carester also providing engineering services for BRE's planned rare earth separation plant at the Camaçari Petrochemical Complex in Bahia. Revenue mechanics are pre-revenue: the company currently funds exploration and development through equity capital raises (totaling approximately A$1.4 billion across three rounds since late 2023) and offtake pre-payments, targeting enterprise customers in the EV, wind turbine, robotics, and defense supply chains. BRE is publicly listed on the ASX under ticker BRE and is backed by Australian billionaire Gina Rinehart.

Name

Brazilian Rare Earths

Legal name

Brazilian Rare Earths Limited

Website

https://brazilianrareearths.com

Company type

Public

Founded year

2023

Operating status

Operating

Headcount range

51–100 employees

Short description

Brazilian Rare Earths (ASX: BRE) is a publicly listed Australian junior miner developing a district-scale, ultra-high-grade rare earths and critical minerals province in Northeast Brazil (Bahia), supplying non-Chinese NdPr and heavy rare earth feedstocks to Western magnet manufacturers, EV, and defense customers under direct offtake agreements.

Ownership category

akta.pro rank

Product category

Critical Minerals Mining

NAICS

Other Nonmetallic Mineral Mining and Quarrying (21239), Nonmetallic Mineral Mining and Quarrying (2123)

SIC

Miscellaneous Metal Ores (1090), Primary Smelting & Refining Of Nonferrous Metals (3330)

akta.pro primary industry

Rare Earths Mining & Concentrates (REE Ores) (IMAKAFAG)

akta.pro secondary industries

Rare Earths Separation & Refining (Oxides/Metals) (IMAKAFAH), Mineral Exploration & Geoscience Services (Geology, Geophysics, Geochemistry, Resource Modeling) (IMAKAKAA)

Keywords

• Rare earth elements
• Critical minerals mining
• Heavy rare earths
• Monazite sand extraction
• Rare earth separation

Headquarters

HQ city

Sydney

HQ country

Australia

HQ region

Oceania

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Operations, Personnel, Supply Chain, Technology or R&D, Marketing or Sales

Revenue model

1. Direct-Ship Rare Earth Product: BRE operates under a Trial Mining Licence for the Monte Alto project allowing extraction of up to 2,000 tpa of direct-ship rare earth product for customer offtake evaluation and metallurgical testing. The company produces high-grade concentrate or carbonate product for sale to rare earth processors and magnet manufacturers.
2. Heavy Rare Earth Offtake (Dysprosium & Terbium): A binding 10-year offtake agreement with Carester SAS for up to 150 tpa of contained dysprosium and terbium. Carester purchases heavy rare earth feedstocks from BRE to process at its Caremag facility in France. BRE also plans to operate its own rare earth separation plant at the Camaçari Petrochemical Complex in Bahia, Brazil, to produce separated Dy/Tb oxides for sale.
3. Direct-Ship Bauxite (Amargosa Project): Amargosa Bauxite-Gallium Project scoping study outlines a capital-efficient, direct-ship bauxite operation with a 568 Mt JORC Mineral Resource. Simple operation with no drilling/blasting, no washing/complex processing, and minimal water requirements. Positioned in the first quartile of the global seaborne bauxite cost curve.

Go-to-market motion1 record

Distribution channels2 records

Marketing channels3 records

Core offering

Brazilian Rare Earths owns and operates a district-scale Tier 1 Rare Earths Province in Northeast Brazil (Bahia state) spanning over 1 million acres. The company develops high-grade rare earth and critical mineral projects including Monte Alto, Sulista, Velhinhas Corridor, and Amargosa, producing rare earth concentrates/carbonates and bauxite for sale to Western processors and magnet manufacturers. The company is constructing one of Latin America's first rare earth separation plants at the Camaçari Petrochemical Complex.

Product overview

Brazilian Rare Earths operates a district-scale Tier 1 Rare Earths Province in Northeast Brazil, developing multiple rare earth and critical minerals projects. The core portfolio includes the Monte Alto Rare Earths Project (high-grade REE with associated Nb-Sc-Ta-U), the Sulista Rare Earths District (17+ km strike, maiden resource expected mid-2026), and the Velhinhas Corridor (9 km of parallel mineralized trends extending south from Monte Alto). The company is also developing the Amargosa Bauxite-Gallium Province (568 Mt resource, 5.1 Mtpa operation planned) and the Rocha da Rocha Critical Minerals Province (1+ million acres, 18 critical minerals). A key initiative is the construction of a rare earth separation plant at Camaçari Petrochemical Complex in partnership with Carester SAS, supported by a 10-year heavy rare earth offtake agreement. The company has developed proprietary low-temperature acid-cure processing technology achieving 97% TREO recovery at 150°C.

Differentiator

Problem solved

Functional benefit

Products and services

• Monte Alto Rare Earths Project A high-grade rare earths project in Bahia, Brazil featuring ultra-high-grade drilling intercepts up to 35.3% TREO with wide continuous intercepts including 27.6m at 19.4% TREO. Includes associated critical minerals (Nb, Sc, Ta, U) and a Trial Mining Licence for up to 2,000 tpa of direct-ship product for customer offtake evaluation and metallurgical testing.
• Sulista Rare Earths District A large-scale, high-grade rare earth district in Bahia, Brazil that has expanded to over 17 km of strike length with stacked mineralized horizons grading up to 16.7% TREO. A maiden JORC-compliant Mineral Resource Estimate is anticipated in mid-2026.
• Velhinhas Corridor A rare earth exploration corridor south of the Monte Alto Deposit in Bahia, Brazil, defining more than 9 km of cumulative mineralized trends across four parallel north-northeast trending corridors with ultra-high-grade samples up to 39.6% TREO and drill intercepts of 19.6% TREO.
• Amargosa Bauxite-Gallium Province A world-class bauxite district in Bahia, Brazil with a 568 Mt JORC Mineral Resource. The Scoping Study outlines a simple, low-capex 5.1 Mtpa operation over 17 years producing 98 Mt of high-quality direct-ship bauxite grading 41.9% Total Available Alumina, with after-tax NPV8 of US$630 million and 82% IRR.
• Rocha da Rocha Critical Minerals Province A rare earths and critical minerals province in Bahia, Brazil spanning over 1 million acres of highly-prospective exploration ground. Features ultra-high-grade hard rock mineralization with grades exceeding 45% TREO and shallow monazite sands with grades over 11% TREO. Contains 18 of the 50 US-designated critical minerals.
• Rare Earth Separation Plant (Camaçari) One of Latin America's first rare earth separation plants under construction at the Camaçari Petrochemical Complex in Bahia, Brazil. Part of BRE's strategy to establish Brazil as a leading rare earth production hub with a 10-year offtake agreement with Carester SAS for up to 150 tpa of Dy and Tb.
• Direct-Ship Rare Earth Concentrate Product High-grade rare earth concentrate and carbonate products produced from the Monte Alto project under Trial Mining Licence for sale to rare earth processors and magnet manufacturers for offtake evaluation and metallurgical testing, with up to 2,000 tpa capacity.

Quantifiable outcome

• 97% TREO recovery at 150°C using low-temperature sulfuric acid curing, eliminating need for >250°C rotary kilns
• +7 more outcomes

Named customers1 record

Segments2 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Three partnerships are on record, tiered core and supporting.

• Carester SAScoreGTM or Marketing Partner · 9 October 2025BRE signed a binding 10-year heavy rare earth offtake agreement with Carester SAS, under which Carester will purchase up to 150 tpa of contained dysprosium and terbium from BRE's Monte Alto Project to process at its Caremag facility in France. Carester will also provide engineering and technical services for BRE's planned rare earth separation plant at the Camaçari Petrochemical Complex in Bahia, Brazil, targeting the critical market shortage in DyTb oxides essential for high-performance permanent magnets used in EVs, robotics, and defense applications.
• CDTN (Centro de Desenvolvimento da Tecnologia Nuclear)supportingTechnology or IntegrationCDTN is a Brazilian federal research institute that conducted metallurgical testing for BRE at 15 kg scale to validate the low-temperature sulfuric acid curing process. CDTN confirmed 97% TREO recovery and 97% NdPr recovery at 150°C, providing independent scientific validation of BRE's processing approach and increasing confidence in scalability.
• ApexBrasil (Brazilian Trade and Investment Promotion Agency)supportingGTM or Marketing PartnerApexBrasil is working to attract foreign investment into Brazilian rare earth projects not only for extraction but also for downstream processing and manufacturing as part of Brazil's New Industry Brazil program. BRE benefits from this initiative as a flagship project for attracting strategic investment into Brazil's rare earth sector.

Scale indicators11 records

Recent moves7 records

Expansion highlights6 records

Market position

Competitive moat5 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/brazilian-rare-earths

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Funding overview

Funding rounds2 records

Investors2 records

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M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Brazilian Rare Earths