Investment
Features
FeesSafety
Academy
More
Pluang+

Magnes Rare Earths reports strong shallow rare earth assay results at Minas Americas project in Brazil

Market News
16 Jun 2026
GlobeNewsWire
View Source
Bullish
pluang ai news

Magnes Rare Earths, a subsidiary of Verde AgriTech, announced additional assay results from 253 drill holes at the Minas Americas rare earth project in Brazil, highlighting a 10-meter interval from surface with 0.97% total rare earth oxides (TREO). These results confirm repeated shallow rare earth mineralization rich in key magnet metals like neodymium and praseodymium, essential for permanent magnets used in green technologies. The expanded dataset strengthens geological modeling and supports future metallurgical testing. Planned next steps include continued drilling, resource estimation by end of 2026, and a preliminary economic assessment in early 2027.

More News

Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon backs French startup Syntetica's $30M Series A to recycle hard-to-reuse nylon for sustainable fashion.

Lululemon invested in Syntetica's $30 million Series A funding to support its innovative recycling of Nylon 6 and Nylon 6,6, materials difficult to separate and reuse in textile waste. This move aligns with growing industry demand for sustainable, co...

Others
Bullish
4 hours ago
Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions rise sharply, signaling growing trader focus and potential volatility.

Ethereum futures long positions among top traders increased by over 3 percentage points across both USDT- and coin-margined markets, indicating a broad-based shift in short-term sentiment. This rise suggests heightened attention on ETH compared to ot...

Technical Signals
Bullish
4 hours ago
Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

Japan's top robotics firms join NVIDIA Cosmos to advance AI-driven intelligent machines.

NVIDIA announced that leading Japanese companies in robotics and manufacturing are adopting its Cosmos, Isaac, Metropolis, and Jetson platforms to accelerate AI-powered intelligent machines across industries. The new Cosmos 3 Edge model enables real-...

Market News
Bullish
4 hours ago
Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices surge toward $90 as US-Iran tensions and Strait of Hormuz risks escalate.

Oil prices are rising sharply due to renewed US naval blockades on Iranian shipping and increased tensions in the Strait of Hormuz, a critical oil transit route. Brent crude is holding above $85 and WTI above $80, with forecasts suggesting WTI could ...

Market News
Bullish
4 hours ago
US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

US to impose 25% tariff on Brazilian ethanol next week, citing unfair trade practices

The US government announced it will impose a new 25% tariff on Brazilian ethanol starting next Wednesday, accusing Brazil of unfair trade practices. This tariff excludes major Brazilian exports like oil, beef, coffee, and aircraft parts. The move fol...

Market News
Bearish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App