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Brazilian Rare Earths Limited (ASX:BRE)

ALERT: Price-sensitive ASX Announcement for BRE
Current share price for BRE : $4.190 -0.86 (-17.03%)+
Announcement
Release
11 Jun 2026 9:15AM
Price at Release
$5.050
Full Release
download
Summary
Brazilian Rare Earths Limited has announced significant findings from its Velhinhas drilling project, revealing a rare earth corridor extending over 9 kilometers. This discovery is marked by substantial intersections of Total Rare Earth Oxides (TREO), particularly Neodymium-Praseodymium (NdPr), which are critical for high-tech and green technologies. The drilling results underscore the project's potential to become a major source of rare earth elements, essential for global technology and clean energy sectors.
Key Points
  • Velhinhas drilling reveals over 9km rare earth corridor.
  • Significant TREO, NdPr concentrations found.
  • Potential to become a major rare earth source.
  • Critical for high-tech and green technologies.
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.