Brazilian Rare Earths Limited (ASX: BRE, OTCQX: BRELY & BRELTF) is an Australian company rapidly advancing its Tier 1 Rare Earths projects across the Rocha da Rocha Critical Minerals Province in northeastern Brazil.
The company’s exploration efforts to date have discovered and delineated a globally significant, district-scale mineral province containing large volumes of both heavy and light rare earths critical to advanced industries and applications that will deliver a green energy transition.
Rare earth elements play a crucial role as inputs in various cutting-edge applications, such as battery alloys, catalysts, ceramics, and metal alloys. The demand for rare earths is steadily increasing, particularly in producing high-strength permanent magnets used in power-dense electric motors for electric vehicles and wind turbines. This surge in demand aligns with the expanding production of electric vehicles and wind turbines, which is expected to accelerate rapidly.