Brazil Becomes Global Target: Valuable Rare Earth Elements Found in Minas Gerais

Written by Roberta Souza

Published on 13/10/2024 at 12:50

Foto: reprodução O Cafezinho

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Discovery of Rare Elements Positions Verde Agritech as Strategic in Supporting Global Energy Transition

Verde Agritech, a company specialized in agricultural technology and producer of potassium fertilizers, announced an important discovery in its mineral concessions in Minas Gerais. The company found ionic adsorption clay with a high content of rare earth elements (REEs), while reanalyzing drillings for phosphate exploration in the Monte Nau de Guerra geological formation, located between the municipalities of São Gotardo and Matutina, in Alto Paranaíba, according to the Diário do Comércio website.

With this discovery of rare earth elements, Verde now controls an area of 4,708 hectares with mineralization potential and extraction for REEs such as Praseodymium (Pr), Neodymium (Nd), Dysprosium (Dy), and Terbium (Tb). These elements are essential in the production of technologies aimed at renewable energy generation, such as electric vehicles and wind turbines, and are considered critical in the global energy transition scenario.

Strategic Discovery of Rare Earths in Brazil

Cristiano Veloso, founder and CEO of Verde Agritech, highlighted the importance of the discovery of rare earth elements, stating that it positions the company as a “strategic player in supporting the global shift towards renewable energy solutions”. Veloso emphasized the commitment of the company to understand the full potential of the found elements and evaluate ways to add value to shareholders, without diverting focus from its core business: the production of fertilizers.

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Rare Earths: Extraction and Recovery Processes

The extraction of rare earth elements was assessed through ammonium sulfate leaching tests, a process that involves leaching at low temperature and atmospheric pressure, followed by selective precipitation of REEs. According to Verde Agritech, this technique ensures efficient extraction with minimal impurities. The tests were conducted with a 0.5 M ammonium sulfate solution and pH 4 for 30 minutes, under environmental conditions, demonstrating the efficacy of the method.

The extraction company also emphasized that the results of the leaching contaminant analyses were promising, with low impurity concentrations, which could contribute to the economic viability of the rare earths exploration project.

Opportunity in the Renewable Energy Market

Attentive to the growth of global demand for extracted rare earth elements, driven by energy transition policies, Verde Agritech intends to deepen its investigations into the presence of these elements in its concessions. The company already has 3,640 meters of area designated for diamond drilling in the same geological formation where the REEs were discovered and plans to disclose study results soon.

Even with this exciting discovery, Veloso assures that Verde Agritech’s focus remains on the production of sustainable, low-carbon fertilizers. According to him, the assessment work of the REEs is being conducted economically and without diverting the team’s attention from its main objectives.

Brazil Becomes Global Target: Valuable Rare Earth Elements Found in Minas Gerais

Discovery of Rare Elements Positions Verde Agritech as Strategic in Supporting Global Energy Transition

Strategic Discovery of Rare Earths in Brazil

Rare Earths: Extraction and Recovery Processes

Opportunity in the Renewable Energy Market

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Brazil Becomes Global Target: Valuable Rare Earth Elements Found in Minas Gerais

Discovery of Rare Elements Positions Verde Agritech as Strategic in Supporting Global Energy Transition

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