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Spark Energy finds new high-grade rare earth target in granite at Brazil's Arapaima Project

Market News
08 Oct 2026
Newsfile Corp
View Source
Bullish
Spark Energy finds new high-grade rare earth target in granite at Brazil's Arapaima Project

Spark Energy Minerals reported a grab sample from its Arapaima Project in Brazil showing 2.00% total rare earth oxides (TREO) in granite, the highest single sample grade to date. This discovery suggests a second style of rare earth mineralization beyond the previously identified clay-hosted deposits. The company plans to drill below the road cut exposure to test this new target and awaits further assay results from nine completed holes. These findings could expand the project's potential and attract strategic investment, pending financing and further exploration.

Spark Energy Minerals' recent grab sample results are noted here as context. For readers following Basic Materials stocks on Pluang, as of Oct 08, 2026 14:41 WIB, 8 of 38 priced US stocks in the sector rose while 29 fell. Notable movers include PPG Industries at USD 105.08 with a -1.37% change and a typical hold time of 68 days, Aspen Aerogels at USD 5.79 down -1.36% with a 13-day hold, and FMC Corp at USD 9.15 up 1.33% with a 43% sell to 57% buy order activity and a 68-day hold time.

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Michelin repurchases 202,417 shares at €32.33 each for cancellation on October 8, 2026

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Michelin repurchased 202,417 shares at €32.33 each on October 8, 2026, for cancellation.

Michelin repurchased 202,417 shares at €32.33 each on October 8, 2026, for cancellation.

On October 8, 2026, Michelin executed a share buyback, purchasing 202,417 ordinary shares at a weighted average price of €32.33 per share. The shares were acquired through over-the-counter transactions involving several financial institutions and are...

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