Origen Resources Acquires Brazilian Rare Earth Elements Project
Origen Resources has signed a letter of intent to acquire a rare earth elements (REE) project in northeastern Brazil, expanding its exploration presence. The project spans over 33,000 hectares and includes claims in Bahia and Piauí states, with initial soil sampling indicating elevated REE levels. The acquisition could significantly enhance Origen's position in the REE market.
Topics: acquisition due diligence exploration mining rare earth elements