Spark Energy Minerals Inc. is close to finishing its initial prospecting phase at the 15,691-hectare Solonópole Project in Ceará, Brazil, focusing on rare metals like tantalum, beryllium, and lithium used in electronics and batteries. The project lies west of historic mining areas and aims to explore new mineral potential based on recent geological surveys. Results from SGS lab tests are pending, which will guide further exploration steps including mapping, sampling, and possibly trenching and drilling. This project complements Spark's larger Arapaima Project in Brazil's Lithium Valley, diversifying its critical minerals portfolio.
Spark Energy Minerals' exploration in Brazil's Solonopole mining district provides context for basic materials investors. For readers following Basic Materials, here is Pluang's market snapshot as of Sep 30, 2026 14:02 WIB: of 38 priced US stocks, 24 rose and 13 fell. Notable movers include Sibanye Stillwater Ltd (SBSW) at USD 10.29 with a 1-day change of +1.48% and Pluang order activity showing 76% Sell / 24% Buy, Standard Lithium Ltd (SLI) at USD 1.81 down 1.09%, and Avient Corporation (AVNT) at USD 40.75 down 1.07%. Typical hold times on Pluang range from 13 to 50 days for these stocks.
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