Brazil's October 4 election and new critical minerals law shape the country's path to rare earth refining, but major capacity remains years away.
Company Profile
Brazilian Critical Minerals
Overview
About Brazilian Critical Minerals
Brazilian Critical Minerals Limited (ASX: BCM) is an Australian-listed rare-earth and critical-minerals company exploring and developing ionic-clay rare earth and platinum-group element projects in northern Brazil. Its 100%-owned flagship Ema Ionic Clay Rare Earth Project, in south-eastern Amazonas state’s Apui region, is one of the largest ionic-clay rare-earth deposits outside China, with a mineral resource exceeding one billion tonnes and strong magnet rare-earth oxide (neodymium, praseodymium, dysprosium and terbium) recoveries.
Ema is designed as a low-cost in-situ recovery (ISR) operation using a magnesium-sulphate lixiviant. In 2025-26 the company delivered a bankable feasibility study outlining a post-tax NPV of about US$1.47 billion and stage-one capital of around US$74 million, and received National Mining Agency approval of its final exploration reports, advancing the asset toward mining-permit application.
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Recent Articles
Heavy rare earth geology is expanding beyond southern China, but separation capacity remains the critical bottleneck. Here's where the new frontiers stand.
Brazilian Critical Minerals appoints Altris Engineering for a 24-week FEED study on its Ema Rare Earth Project, testing whether a $74M capex can unlock a
Brazil's mine-to-magnet chain may not be complete until 2032–2035, as China's industrial dominance in heavy rare earth processing remains nearly unmatched.
BCM completes a Bankable Feasibility Study for Brazil's Ema ionic clay project, but financing, permitting, and downstream processing remain the real hurdles.
SAM partners with BCM on Brazil's Ema Project, building cross-continental in-situ recovery rare earths platform beyond China's supply dominance.
Brazilian Critical Minerals conducts promising in-situ recovery trials on ionic-adsorption clay, targeting magnet metals with potential non-Chinese rare earth…
Brazilian Critical Minerals reveals promising ISR pilot trial at Ema project, with high-grade magnet rare earth oxides and potential low-cost production strate…
