Just the facts: St George Mining advances Araxá Niobium and Rare Earth processing in Brazil

Proactive - Interviews for investors

Proactive's Tylah Tully breaks down ‘Just the Facts’ of the latest news from St George Mining Ltd (ASX:SGQ). The company has signed a Technical Collaboration Agreement with EMBRAPII and SENAI to optimise downstream processing for niobium and rare earth elements (REEs) from its Araxá Project in Minas Gerais, Brazil. The partnership aims to develop an efficient and sustainable processing flow sheet for the commercialisation of ferroniobium and rare earth products, while adhering to stringent ESG standards. The agreement is supported by the Brazilian Government, with EMBRAPII funding 50%, SENAI 10%, and St George covering 40% of costs. St George will retain exclusive rights to any intellectual property developed over the next 10 years, free of royalties. The Araxá Project is recognised for high-grade mineralisation, with assays reporting up to 8% niobium pentoxide (Nb₂O₅) and 33% total rare earth oxides (TREO). Recent drilling included 43 metres at 1.5% Nb₂O₅ and 60 metres at 11.1% TREO, including 30 metres at 16.9% TREO. This collaboration builds on a December 2024 MoU, further advancing Araxá as a near-term niobium and REE mining operation. St George Mining is optimistic about the project's potential, with plans to report downstream processing results in due course. #ProactiveInvestors #StGeorgeMining #ASX #JusttheFacts #AraxáProject, #Niobium, #RareEarthElements, #BrazilMining, #SustainableMining, #Ferroniobium, #REEProcessing, #ESG, #MiningInnovation, #HighGradeMineralisation, #MiningCollaboration, #MineralRecovery, #REEs, #NiobiumPentoxide, #TREO, #MiningTechnology, #MiningPartnerships, #CriticalMinerals, #GlobalMining