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Resouro Strategic Metals Inc (ASX:RAU)

ALERT: Price-sensitive ASX Announcement for RAU
Current share price for RAU : $0.285 -0.035 (-10.94%)+
Announcement
Release
30 Jul 2026 9:31AM
Price at Release
$0.320
Full Release
download
Summary
The document is a technical report detailing the Tiros Rare Earths and Titanium Project conducted by Resouro Strategic Metals Inc in Minas Gerais, Brazil. The report includes an independent review of mineral resource estimates, exploration results, geological setting, and potential economic outcomes. It outlines that the Tiros Project consists of 28 exploration concessions with a total area of approximately 49,763 hectares, focusing on rare earth elements and titanium. The Preliminary Economic Assessment (PEA) highlights robust project economics, predicting a post-tax NPV of US$714.9 million and an IRR of 44.2%, with a planned high-grade starter operation over 20 years. The report describes the project's favorable location within an established mining jurisdiction, its potential for expansion, and the environmentally conscious design incorporating dry-stack tailings. Future work, including further exploration and detailed feasibility studies, is anticipated to refine these preliminary findings.
Key Points
  • Tiros Project comprises 28 exploration concessions covering about 49,763 ha.
  • Project located in Minas Gerais, Brazil, within established mining jurisdiction.
  • The PEA projects a post-tax NPV of US$714.9 million and IRR of 44.2%.
  • A high-grade starter operation is planned for 20 years with a potential for expansion.
  • The project design includes environmentally conscious features like dry-stack tailings.
  • The project combines conventional open-pit mining and low strip ratio production.
  • Future work includes detailed feasibility studies and exploration to refine assessments.
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.