SYDNEY, Oct. 03, 2025 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX: BRE / OTCQX: BRELY) ('BRE') is pleased to announce the release of a Maiden Mineral Resource Estimate at the Amargosa Bauxite-Gallium Project, defining a large-scale, high-quality bauxite province with premium alumina grades and significant contained gallium.
| BAUXITE MINERAL RESOURCE ESTIMATE | |
| 568 Mt at 29.8% Total Available Alumina (TAA), including: | |
| |
|
| GALLIUM MINERAL RESOURCE ESTIMATE | |
| 568 Mt at 47.7 ppm: 27,098,000 kg contained Gallium | |
|
| (Indicated + Inferred) | In-Situ Mineral Resources | ||||||
| Tonnes (m) | TAA (%) | RSI (%) | Ga (ppm) | Ga ('000 kg) | |||
| Direct Ship Bauxite | 98 | 41.9% | 2.5% | 51.6 | 5,046 | ||
| Beneficiable Bauxite | 470 | 27.3% | 6.2% | 46.9 | 22,053 | ||
| Total | 568 | 29.8% | 5.6% | 47.7 | 27,098 | ||
| (Indicated + Inferred) | Processed 20+ Mesh Product | ||||||
| Tonnes (m) | TAA (%) | RSI (%) | Ga (ppm) | Ga ('000 kg) | |||
| Beneficiable Bauxite | 191 | 40.8% | 2.7% | n.a. | n.a. | ||
| Total | 191 | 40.8% | 2.7% | n.a. | n.a. | ||
Capital-Efficient, Direct-Ship Logistics and Scalability
- Leading jurisdiction: Amargosa located in Bahia, Brazil - supported by a mature regulatory framework, expedited licensing and permitting (2-3 years), and strong governmental support for mineral development
- Capital-efficient direct-ship opportunity: With 98 Mt of direct-ship bauxite (41.9% TAA; 2.5% RSI), Amargosa can initiate operations in the Northern District, leveraging established highways to the Enseada export port (~160km). Established highways extend these logistics to the Central District.
- Enseada port MoU: Partnership signed with Port of Enseada that covers mine-to-port export logistics for Amargosa bauxite
- High-quality infrastructure: Low-cost, renewable hydropower, with high-voltage transmission line access; multiple export-port infrastructure options; skilled local workforce; paved multi-lane federal and state highways; and planned FIOL rail integration to underpin rail-to-port expansion capacity
- Scalable growth pathway: 191 Mt processed bauxite (40.8% TAA; 2.7% RSI) provides large-scale bauxite expansion opportunities using the future FIOL railway and Porto Sul export port
- Exploration upside: Significant upside bauxite potential with an Exploration Target, supported by 56,919 metres of historical Rio Tinto drilling, providing a pipeline for further resource upside
- Strategic options: BRE advancing strategic options for Amargosa to unlock shareholder value - joint ventures, de-merger/spin-out or IPO - to focus on its world-class Rocha da Rocha high-grade rare earth province
- Next steps: Scoping Study by end-2025, bauxite upgrade test-work to assess upside in product grades, and resource drilling growth upside and optimisation
BRE Managing Director and CEO, Bernardo da Veiga, said:
"Amargosa's maiden mineral resource estimate defines a large-scale, high-quality bauxite province with premium alumina grades and low reactive silica - a key advantage as global alumina refineries prioritise higher-quality bauxite specifications from reliable, stable jurisdictions.
With direct highway access to bulk-export logistics in a Tier-1 jurisdiction, we see a clear path to an early, capital-efficient direct-ship bauxite operation with the potential to scale to higher production via a large-scale processed bauxite opportunity. A near-term Scoping Study will map these exceptional development pathways and support long-term value creation options for Amargosa."
The complete news release can be found here.
Contacts
Bernardo Da Veiga, Managing Director and CEO
investors@brazilianrareearths.com
www.brazilianrareearths.com
Sign up to our investor hub at investors.brazilianrareearths.com
