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Brazil Funds Rare-Earth Project in Effort to Tap Vast Reserves

Viridis Mining and Minerals has won an A$21M 16-year, low-cost loan from the Brazilian Government development bank to advance its world-class Colossus rare earths project towards a final investment decision.

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Mining opens rare earth research and processing center in MG The National Bank for Economic and Social Development (BNDES) has approved financing worth R$ 77.5 million for Viridis Mining Ltda. produce mixed carbonate of Rare Lands in Caldas Wells (MG). Follow the page of the g1 South of Minas on Instagram The mining company is in the licensing phase for the implementation of the Colossus project, which includes a 373-hectare mine for exploration…

·Rio de Janeiro, Brazil
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Resources will be used in pilot plant to develop ionic clay processing techniques in Caldas wells. Read on Power360.

BNDES approves R $ 77.5 million for Viridis Mining to establish a rare earth research and processing centre in Poços de Caldas. Learn the details.

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The National Bank for Economic and Social Development (BNDES) approved the financing of R $ 77.5 million for Viridis Mining to implement a

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Folha de S.Paulo broke the news in São Paulo, Brazil on Tuesday, September 8, 2026.
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