BRE

About

BRE (Brazilian Rare Earths) is developing vertically integrated rare earth mining and processing projects in Brazil to supply critical magnet materials such as neodymium, praseodymium, dysprosium and terbium.

Mission

BRE is an exploration and development company focused on unlocking Brazil’s sizeable rare earth endowment while building domestic processing capacity. Its deposits host both light and heavy rare earth elements, giving the company exposure to high-value oxides required for electric-vehicle motors and wind turbines. BRE’s plan pairs upstream mine development with an integrated separation refinery at the Camaçari Petrochemical Complex in Bahia, an established industrial hub that reduces infrastructure spend and timelines. A strategic partnership with France-based processor Carester provides engineering support, heavy rare earth feedstock arrangements and a ten-year binding supply agreement, ensuring downstream market access. The firm recently completed an A$120 million (~US$78 million) institutional placement, following an A$80 million raise in 2024, bringing total capital secured in the last two years to A$200 million. The latest shares were sold at A$4.68, a 6.4 % discount to the prior close and flat to the five-day VWAP, signalling strong institutional appetite. Proceeds will accelerate resource drilling, feasibility studies and detailed engineering for the Camaçari refinery. BRE remains pre-revenue as it advances toward construction and eventual production.

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