With 111 days to DFARS 2027 restrictions, REEx maps which rare-earth equities hold operating proof versus unfinished execution risk across the full supply
Company Profile
Viridis Mining and Minerals
Overview
About Viridis Mining and Minerals
Viridis Mining and Minerals Limited (ASX: VMM) is an Australian-listed rare earths developer headquartered in Perth, Western Australia, advancing the flagship Colossus Rare Earth Project in the Pocos de Caldas alkaline complex, Minas Gerais, Brazil. Colossus is one of the world’s largest undeveloped ionic adsorption clay (IAC) rare earth deposits outside China, hosting roughly 493 million tonnes at 2,508 ppm total rare earth oxide with a 200.6-million-tonne reserve enriched in the magnet rare earths neodymium, praseodymium, dysprosium and terbium. The ionic-clay mineralogy allows low-cost extraction using basic salt solutions at ambient temperature and pressure without blasting. Viridis has commissioned a demonstration plant producing mixed rare earth carbonate, submitted its Installation Licence application in 2026, and is targeting first production around 2028 as a near-construction developer.
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REEx Intelligence
Recent Articles
Viridis Mining selects Sedgman-Blossom as EPCM partners for its US$450M Colossus Rare Earth Project in Brazil, advancing engineering ahead of Final
Brazil's BNDES approves R$77.5M financing for Viridis Mining's rare earth processing centre, signaling state support for domestic processing capacity.
Viridis Mining orders first major equipment for Brazil's Colossus Rare Earth Project, advancing the 5 Mtpa operation toward targeted 2028 first production.
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
Viridis Mining delivers 5kg of rare earth carbonate into Brazil's first NdFeB magnet supply chain, testing a full mine-to-magnet route without China.
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.
Viridis Mining secures up to US$120M in equity for Brazil's Colossus rare earth project, but US$449M total capex and unbound debt remain key risks.
Viridis Mining's Colossus plant achieves steady-state rare earth carbonate production, exceeding PFS recovery targets—but financing and commercialization
EU Commissioner Síkela visited Viridis Mining's Colossus Rare Earth Project in Brazil, signaling Europe's push to secure critical mineral supply chains
The EU targets four Brazilian critical mineral projects under its CRMA, but the real question is whether Europe will fund processing and refining, not
Europe is racing to secure Brazil's 21 million tonnes of rare earth resources, competing with the US and China for processing rights and supply chain control.
Viridis Mining secures a 3.2km, 138kV grid connection for its Colossus Rare Earth Project in Brazil, removing a key infrastructure risk ahead of a 2028
China tightens rare earth controls while Western supply chain progress remains incremental. Myanmar conflict poses growing risk to heavy rare earth
Viridis Mining's Brazilian Colossus project produces first Mixed Rare Earth Carbonate from ionic-clay ore, marking a major milestone in Western supply
Nth Cycle and Ionic Rare Earths partner to reduce Western dependence on China for rare earth refining and critical processing chemicals.
Viridis Mining advances Colossus Rare Earth Project with Installation Licence filing, targeting magnet rare earths and 2028 production.
Brazil adds Colossus rare earth project to climate investment platform, connecting Viridis Mining to $25.4B capital pool for critical minerals.
Brazil's Serra Verde project challenges China's rare earth dominance with U.S. backing, but processing capacity remains the key battleground.
Brazil's rare earth strategy aims to move beyond mining to domestic processing, tackling the 23% reserve vs 1% output gap with state backing.
Viridis Mining negotiates off-take agreements with floor pricing for Brazil's Colossus project, but execution risks remain high.
Australia backs Brazil rare earth projects with $100M financing, but private banks remain hesitant. Conditional progress, not breakthrough.
Minas Gerais aims to become Brazil's rare earth hub with $655M in projects, but ambition faces execution challenges in processing and permits.
Viridis Mining secures US$100M LOI from Export Development Canada for Colossus rare earth project, marking rare tri-sovereign financing support.
Minas Gerais aims to transform Brazil's rare earth mining landscape, attracting massive investments and challenging global supply chains with ambitious develop…
Viridis Mining reveals 200-million-tonne maiden ore reserve at Colossus rare earth project in Brazil, projecting a promising 40-year mine life.
Viridis Mining's Colossus Project in Brazil reveals a significant ionic adsorption clay rare earth resource with promising global potential.
Brazil's rare earth sector faces geopolitical challenges with potential US tariffs, but maintains strong investment potential across multiple mining projects.
Ionic Rare Earths (IXR) leads the charge in magnet recycling, developing integrated rare earth supply chains across the UK, US, and Brazil.
Brazil's Viridion venture receives strategic funding to develop Latin America's first integrated rare earth magnet supply chain, challenging China's global mon…
Brazil's vast rare earth reserves face financing challenges, risking missed opportunities in global critical minerals market despite strategic potential.
Ionic Rare Earths develops innovative rare earth recycling technology to create sustainable magnets and reduce global supply chain dependency.
Viridis Mining and Ionic Rare Earths sign MOU with SENAI FIEMG to establish rare earth oxide production capability in Brazil, advancing rare earth magnet devel…
Minas Gerais signs MOU with Australian companies to boost rare earth magnet production, strengthening its position as a strategic hub in the energy transition…
