IMC Rare Earths announced a new high-grade, terbium-rich ionic clay discovery at Block H of its Itarantim project in Brazil, outside its existing 1.1 billion tonne resource. The mineralization starts just two meters below the surface, making it easily accessible for further drilling. Initial tests show strong terbium extraction rates of 64%–83%, with significant concentrations of valuable heavy rare earths like dysprosium and terbium. IMC plans further drilling at Block H and Block D to define resource size and continuity, aiming to expand its mineral resource and explore potential early development options.
IMC Rare Earths' new high-grade terbium discovery is the subject, with Pluang's Basic Materials sector data as context. As of Oct 08, 2026 18:02 WIB, out of 38 priced US Basic Materials stocks tradable on Pluang, 9 rose and 28 fell. Notable movers include CF Industries Holdings at USD 115.98 with a 1-day change of +1.31% and a typical hold time of 46 days, Southern Copper Corp at USD 198.00 down 1.28%, and LyondellBasell Industries NV at USD 59.23 up 1.27%, with Pluang order activity showing 84% sell for Southern Copper and 100% buy for LyondellBasell.
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