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Brazil Minerals, Inc. Adds Large Rare Earths Project
Belo Horizonte, Brazil (Newsfile Corp. - February 9, 2021) - Brazil Minerals, Inc. (OTC Pink: BMIX) (the Company or Brazil Minerals ) announced that last week it added an important new project to its portfolio: mineral rights for rare earths totaling 19,389 acres in the northeastern part of Brazil. Rare earths comprise 17 elements and are essential for defense and high technology applications, including permanent magnet motors for EV.
Areli Nogueira, Vice President of Mineral Exploration of the Company, stated, Brazil Minerals now has rare earths claims from two distinct geological presentations in the two largest such provinces in Brazil: in our project in Brazil s center-west, rare earths are found embedded in granites; in the project announced here, rare earths are associated with phosphate deposits and embedded in carbonate rocks. ....

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