Serra Verde is the first large-scale producer of all four magnetic rare earths outside Asia and produces a concentrate with a high proportion of critical heavy rare earths. The company aims to provide a new, reliable, responsible and low carbon supply of REEs to diversify global supply chains. Serra Verde’s integrated Pela Ema rare earth mining and processing operation is a world-class ionic clay resource in terms of relative size and grade, which supports a long-life and low-cost operation with strong sustainability credentials.
Key features
- Located in Goiás state, central Brazil
- Established mining jurisdiction, with existing logistics infrastructure
- Vision Blue’s investment contributed to funding final project construction
- Commercial production began at the beginning of 2024
- Recognised by the Minerals Security Partnership list of projects of critical importance to the energy transition in October 2024
- Ionic clay deposit amenable to low-risk open-pit mining
- Simple, established processing technique with no hazardous reagents or wet tailings
- Low carbon footprint due to access to grid electricity with a high proportion of renewable energy and use of solar and biofuels in operations
- Significant embedded optionality and scalability to drive strategic value creation.
End uses
-
Serra Verde produces rare earth concentrates with a high proportion of the critical REEs Dysprosium (Dy), Terbium (Tb), Neodymium (Nd) and Praseodymium (Pr) that are key to permanent magnet production as well as applications in the defence, nuclear, aerospace and other critical industries
-
Serra Verde’s REEs are designated as critical raw materials in the US, UK, Canada, EU and Australia.
