Our Operation

Serra Verde is a large, long-life deposit containing an elevated proportion of high value heavy and light REEs, primarily neodymium (Nd), praseodymium (Pr), terbium (Tb) and dysprosium (Dy) that are key to the energy transition. Construction of the mine and processing infrastructure is well advanced, and all necessary permits have been received.

The operation is located in an established mining area with access to a skilled workforce and close to existing transport, power, water and other infrastructure.

Serra Verde is an ionic-clay REE deposit, one of relatively few such deposits found outside of China. Ionic clays can be mined  with low-cost open mining techniques and processed using simple technologies with no hazardous chemicals, crushing, milling, or acid leaching. As a result, our environmental impacts are lower than at other rare earth operations.  

Furthermore, the operation is located close to significant hydropower installations, providing the potential for access to reliable and clean energy.