Viridis Mining and Minerals drilling campaign at Colossus during the June 2026 quarter. Credit: File Viridis Mining and Minerals (ASX: VMM) has kicked another critical goal on its path to production, appointing the heavyweight duo of Sedgman and Blossom Consultoria e Assessoria S.A as its preferred eEngineering, pProcurement and construction management (EPCM) partners for its globally significant Colossus rare earths project in Brazil. The appointment is a major de-risk

Viridis Mining and Minerals’ MREC demonstration plant is the largest known semi-industrial, continuously operated plant outside China. Credit: File Viridis Mining and Minerals (ASX: VMM) has secured a significant government endorsement for its Brazilian ambitions, landing a R$77.5 million (A$21.09M) financing facility from the Brazilian Development Bank (BNDES) to progress its flagship Colossus rare earths project. The deal provides the company with highly attractive, l

Viridis Mining and Minerals’ Colossus project in Brazil is advancing towards the process execution phase, placing its first major long-lead equipment order for a residue pressure filtration package. Credit: File Viridis Mining and Minerals (ASX: VMM) has fired the starting gun on the development of its Colossus rare earths project in Brazil, placing the first major equipment purchase order to meet a targeted 2028 production schedule. The company has awarded the contra

Viridis Mining and Minerals’ representatives delivering refined mixed rare earth carbonate from its Colossus rare earths research and processing Centre to senior representatives of MagBras and CIT SENAI ITR in Lagoa Santa. Credit: File Viridis Mining and Minerals (ASX: VMM) has taken a significant step in its strategy to build an integrated rare earths supply chain in Brazil, delivering a first batch of refined mixed rare earths carbonate (MREC) from its flagship Colossus p

Viridis Mining and Minerals Colossus project lies in the world-class mining jurisdiction of Poços de Caldas in Brazil. Viridis Mining and Minerals’ (ASX:VMM) DFS is predicting its Colossus rare earth project in the Brazilian State of Minas Gerais to pump out a whopping US$5.97 billion (A$8.39 billion) in earnings before interest, tax, depreciation and amortisation (EBITDA) over a 25-year mine life, from total revenue of US$8.54 billion (A$12 billion). The company revealed i

Viridis Mining and Minerals’ MREC demonstration plant is one of the largest known semi-industrial, continuous-operation rare earths plants outside China. Viridis Mining and Minerals (ASX: VMM) has chalked up another development win at its Colossus rare earths project in Brazil, with its demonstration plant beating key prefeasibility (PFS) recovery assumptions during continuous production of mixed rare earth carbonate (MREC). The company says July recoveries from the pla

Viridis Mining and Minerals’ Colossus rare earths project in Brazil lies 20km south of the city of Poços de Caldas (Hot Pools) in Minas Gerais, Brazil, where the company stores and processes all of its drill samples in a core facility. Viridis Mining and Minerals (ASX: VMM) has achieved what it says is a key financing milestone at its giant Colossus rare earths project in Brazil, after converting a high-grade slice of the resource into the measured category needed to supp

European Union Commissioner for International Partnerships Jozef Síkela, fourth from left in the back row, receives a presentation on the latest status of the Colossus rare earths project and its role in diversified supply chains. Viridis Mining and Minerals (ASX: VMM) aptly named Colossus rare earths project in Brazil has landed on the radar of Europe’s critical minerals powerbrokers after hosting European Union Commissioner for International Partnerships Jozef Síkela du

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