Strong magnet rare earth values increase Power’s draw on Morro do Ferro

Strong magnet rare earth values increase Power’s draw on Morro do Ferro

Concentrations of magnet rare earth elements described by Power as exceptional Results top out at 2m grading 35,332 parts per million, or 3.53%, MREO from 9m Due diligence points to potential value for PNN in proceeding with acquisition    Special Report: Power Minerals has pulled up ‘exceptional’ magnet rare earth results from the Morro do Ferro project in Brazil as it completes due diligence on the potential acquisition. Previous drill results…

'Invigorated by the potential': Power proves Morro do Ferro promise with top-class MREO concentrations

Power has recently identified “exceptional” concentrations of magnetic rare earth oxides at Morro do Ferro in Minas Gerais, Brazil, as it looks to become a major frontrunner in global rare earths. The explorer entered a Binding Letter of Intent to acquire the Morro do Ferro project from Mineração Terras Raras in March CY26. Following the project pickup, Power has been +54% YTD. Power Minerals (ASX:PNN) has this week identified “exceptional” conc…