Billion-Dollar Mega Project in Caldas-MG Puts Brazil on the World Map for Rare Earths: Australian Mining Company Announces Investment of R$ 1.1 Billion!

Written by Valdemar Medeiros

Published on 04/02/2025 at 10:56

Updated on 05/02/2025 at 13:06

Foto gerada por IA

16 people reacted to this.

The Mining Company Meteoric Resources Announced a Billion-Dollar Investment in a MegaProject in Caldas-MG. The MegaProject Promises to Transform Brazil into One of the Leaders in Rare Earth Exploration, Essential Resources for Cutting-Edge Technologies

Minas Gerais is emerging in the race for the “21st Century Gold”, as rare earths have been called, with three major projects totaling R$ 4.6 billion. The main MegaProject is that of the mining company Meteoric Resources, which will receive an investment of R$ 1 billion in Caldas-MG, where Viridis also plans another project of R$ 1.2 billion. Other investments include R$ 2.4 billion from Brazilian Terra Brasil and R$ 800 million from Mineração Serra Verde.

Everything About the Investment in the Rare Earth MegaProject in Brazilian Soil

According to Marcelo Carvalho, executive director of mining company Meteoric Resources, at a seminar at the end of October 2023, Brazil has the potential to meet 10% to 15% of the global rare earth market in the next ten years.

The mining company announced investments of R$ 1 billion over three years in the MegaProject in Caldas-MG and will have as a neighbor the also Australian Viridis Mining and Minerals, which has just purchased research and exploration rights for the city.

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MegaProject in Caldas-MG Will Create Thousands of New Jobs

The clay from which the minerals are extracted is called ionic clay, in soils where, millions of years ago, volcanoes existed, like in Caldas-MG. In the city, besides rare earths, another legacy is the sulfuros waters, which attract tourists from all over the country for various medicinal and aesthetic treatments.

Brazil has the potential to meet 10% to 15% of global demand in the next ten years. The article from O Globo also highlights the statement of the municipal secretary of Economic Development and Labor, Franco Martins, who predicts a 50% increase in the municipality’s revenue in the next ten years and also the arrival of new companies in the region.

Brazil has a colossal limestone mine with a capacity of 1.8 million tons per year, consolidating itself among the largest producers in the world

As mentioned earlier, the investment by Meteoric Resources in the MegaProject will be R$ 1.18 billion in the ionic clay extraction project. The expectation is to generate 700 jobs, and the investment includes, according to company information, 51 mining processes, and the company is expected to start extracting ionic clay in 2027. According to the Minas government, the company is still in the initial phases of studies and surveys in the area and hopes to begin operations at the production plant by 2026.

7 Comments

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Edna Aparecida Barbosa

#128172

04/03/2025 20:09

O progresso chegando este projeto gera renda para população e muito imposto acelera o turismo

Respond

Anacleto G. Pimenta

#122879

06/02/2025 02:19

Que grande entreguismo. Que absurdo. É muita exploração e de forma predatória e criminosa. Que danos a nossa natureza, a ecologia.
Daqui uns anos Minas Gerais terá um novo nome: Minas Não Mais.

-2

Respond

Yara Eloisa Tozi

#122872

05/02/2025 23:46

Maravilha, primeiro sai a noticia que a Austrália encontrou em seu próprio solo a maior reserva de ferro do mundo..meses depois um investidor australiano que investir 1 bilhão no Brasil..nos poupe de mais uma exploração com o aval do governo onde nossas terras serão usurpadas, a riqueza será exportada a preço de ****, conte-nos uma novidade?

-1

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Billion-Dollar Mega Project in Caldas-MG Puts Brazil on the World Map for Rare Earths: Australian Mining Company Announces Investment of R$ 1.1 Billion!

The Mining Company Meteoric Resources Announced a Billion-Dollar Investment in a MegaProject in Caldas-MG. The MegaProject Promises to Transform Brazil into One of the Leaders in Rare Earth Exploration, Essential Resources for Cutting-Edge Technologies

Everything About the Investment in the Rare Earth MegaProject in Brazilian Soil

MegaProject in Caldas-MG Will Create Thousands of New Jobs

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Billion-Dollar Mega Project in Caldas-MG Puts Brazil on the World Map for Rare Earths: Australian Mining Company Announces Investment of R$ 1.1 Billion!

The Mining Company Meteoric Resources Announced a Billion-Dollar Investment in a MegaProject in Caldas-MG. The MegaProject Promises to Transform Brazil into One of the Leaders in Rare Earth Exploration, Essential Resources for Cutting-Edge Technologies

Everything About the Investment in the Rare Earth MegaProject in Brazilian Soil

MegaProject in Caldas-MG Will Create Thousands of New Jobs

Libya built over 4,000 kilometers of underground pipelines to bring water from the Sahara to coastal cities in a project that the government itself called the Eighth Wonder of the World.

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He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

China has deployed snake-shaped robots to slide along power lines, where they have already inspected over 130 kilometers of cables using cameras and sensors to detect damaged wires, worn-out parts, and overheating.

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