Viridis Mining and Minerals’ Colossus rare earths project in Brazil Viridis Mining and Minerals (ASX: VMM) has bagged its first major project delivery contract, signing a binding agreement with municipal electricity distributor DME for the turnkey construction of a dedicated 3.2-kilometre, 138-kilovolt high-voltage transmission connection to its Colossus rare earths project in Brazil. The fresh agreement secures critical electrical infrastructure by covering the licensi

Viridis Mining and Minerals’ 5000-square-metre demonstration plant (pictured) in Brazil has produced its first mixed rare earth carbonate, underpinning a new strategic partnership with Solvay to advance commercial supply from Colossus. Viridis Mining and Minerals (ASX: VMM) has put wings under its giant Colossus rare earth project in Brazil after inking a strategic non-binding partnership with global rare earths separation leader Solvay, which, if consummated, would suppo

Viridis Mining and Minerals has produced the first mixed rare earth carbonate at its Colossus demonstration plant in Brazil, marking a key step towards offtake deals, DFS completion and planned 2028 production.

Viridis Mining and Minerals' drilling at its Colossus rare earth project in Brazil Viridis Mining and Minerals (ASX: VMM) has shoved its giant Colossus rare earths project in Brazil another big step towards construction after lodging the crucial Installation Licence application, a pivotal permitting milestone that swings the project closer to full-scale development and execution. The company says the submission has reset Colossus as a near-construction rare earths proje

Viridis has completed a key infill drilling campaign at its Colossus rare earths project in Brazil, helping pave the way for resource and reserves updates and DFS progress. Viridis Mining and Minerals (ASX: VMM) has hailed a major milestone at its flagship Colossus rare earths project in Brazil, completing a targeted infill drilling campaign that will lift resource confidence, support a resource upgrade, and clear a path towards project financing. The infill drilling fo

Mining veteran Geoff Bedford has joined Viridis as a non-executive director Credit: File Viridis Mining and Minerals (ASX: VMM) has bolstered its executive firepower by appointing one of the leading figures in the global rare earths sector to its board as it charges towards development in Brazil. The company has secured former Neo Performance Materials and Molycorp chief executive officer Geoff Bedford as an independent non-executive director, effective May 1st. Mr Bedford’s

Reverse circulation drilling at Viridis’ Mining and Minerals’ Colossus rare earths project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has landed another big nod of support in Brazil after its Colossus rare earths project was selected for the Brazil Climate and Ecological Transformation Investment Platform (BIP). The government-backed initiative aims to link priority climate-transition projects with deep pools of international capital. The platform is bein

Viridis Mining and Minerals’ drilling continues to demonstrate widespread rare earths potential across its extensive area of tenure in Minas Gerais, Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has reported strong assay results from infill and extension drilling at its Colossus rare earths project in Brazil, while greenfield exploration programs continue to enhance resource confidence and unlock growth potential. The company’s infill reverse circulation (RC) d

Viridis Mining and Minerals drilling at its Colossus project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has appointed Mr Ross Forzatti as chief operating officer, effective immediately, bolstering its executive team as the company accelerates towards a final investment decision (FID) for its Colossus rare earths project in Brazil, targeted for the third quarter this year. Mr Forzatti brings more than 24 years of hands-on experience in delivering major rar

Marcus Silberman has been appointed to the board of Viridis Mining and Minerals as a non-executive director. Credit: File Viridis Mining and Minerals (ASX: VMM) has moved to strengthen its boardroom firepower with the appointment of seasoned global capital markets and mergers and acquisitions executive Marcus Silberman as a non-executive director, commencing next month. The appointment comes at a pivotal time for Viridis as it transitions from project development towards exe

Viridis Mining and Minerals has won the support of Export Finance Australia, securing a Letter of Support for up to $US50 million($A77M) to assist with the development of its mammoth Colossus rare earths project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has won the support of Australia’s export credit agency, Export Finance Australia (EFA), securing a Letter of Support (LOS) for up to $US50 million ($A77 million) towards a financing package to develop th

Viridis Mining and Minerals drilling at its Colossus ionic adsorption clay-hosted rare earths project in Mina Gerais, Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) share prices leapt a whopping 39 per cent to a high of $1.39 on news of a Preliminary Environmental License (PL) for its Colossus rare earths project in Brazil. The green nod effectively clears the biggest regulatory hurdle in the project’s development path, following a unanimous vote by state author

Viridis Mining and Minerals drilling at its world-class Colossus rare earths project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) confirmed today it remains on track to secure the all-important Preliminary Licence (LP) for its flagship Colossus ionic clay rare earths project in Poços de Caldas, Brazil. The company says that, notwithstanding a minor delay in the environmental permitting process, management remains confident it will receive approval at the reg

Viridis Mining and Minerals has secured the backing of Export Development Canada, with the export credit agency offering to stump-up US$100 million in debt financing for the development of the company’s Colossus rare earths project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has secured the backing of one of the world’s leading export credit agencies, with Export Development Canada (EDC) offering to stump-up a maximum of US$100 million (A$153 million) in de

Viridis Mining and Minerals’ Colossus rare earths project in Brazil. Credit: File Viridis Mining and Minerals (ASX: VMM) has hit a major milestone in the company’s journey to build one of the world’s most strategically important rare earths projects after landing a letter of support from France’s Bpifrance export credit agency for its Colossus project in Brazil. The endorsement has given the nod to Colossus’ eligibility for the French Government’s Garantie de Prêt Stratégiqu

Satellite image of Viridis’ new industrial park at Poços de Caldas with surrounding industrial facilities, main access roads and infrastructure Credit: File Viridis Mining and Minerals (ASX: VMM) has taken a crucial step forward in its transition from developer to emerging rare earths producer, securing a strategic site and executing all major contracts for a new rare earths research and processing centre in Brazil’s Poços de Caldas industrial park The facility, known as the

Municipal Economic Development and Labour Secretary Franco Martins (left) in Brazil, with Viridis Mining and Minerals in-country...

Viridis Mining and Minerals planned open pit mine at its Colossus rare earths project in Brazil, where the company has outlined a...

Viridis Mining and Minerals has successfully raised $11.5M in a heavily oversubscribed placement to fund the next steps of its Colossus...

The final mixed rare earths carbonate from a Viridis Mining & Minerals’ bulk sample sourced from the Southern Complex deposits within the...