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Southern Alliance Mining: Forge Strategic Alliance With Brazilian Critical Minerals To Explore Global Rare Earth Opportunities.

20 Apr 2026 07:16

BCM and SAM have signed a non-binding collaboration agreement to evaluate joint opportunities for development and distribution of rare earth products from their respective projects. SAM owns 40% of MCRE Resources Sdn Bhd, operator of the Pioneer Gerik mine project, one of the world's largest in-situ recovery rare earth operations in Malaysia, which has sold approximately 20,280 tonnes of mixed rare earth carbonate as of August 2025. BCM is an Australian mineral exploration company focused on rare earth elements and platinum group metals in Brazil, with its flagship Ema Project representing a 1Bt ionic adsorption clay rare earth deposit being advanced towards ISR production...

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Source: ShareInvestor Express