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...

The Poços de Caldas Industrial Zone highlighting the Viridion site (outlined in green) and surrounding industrial facilities, main access...

Viridis Mining & Minerals’ chief executive officer Rafael Moreno will take the helm of the company as managing director for a final push...

The world-class Mountain Pass rare earth mine has been the recipient of US$400 million in government funding. Credit: File There are...

Viridis Mining & Minerals has dropped an industry-leading prefeasibility study for its flagship Colossus rare earths project in Brazil, unveiling it as the lowest-cost rare earths operation globally.

Viridis Mining and Minerals is planning a US-based refinery for its rare earth ore from Brazil through it’s JV entity Viridion. Credit:...

ASX-listed Viridis Mining & Minerals (ASX:VMM) has landed a major financial coup by being selected for a slice of Brazil’s R$5 billion...

A Viridis Mining joint venture has delivered recycled rare earth oxides to Brazilian company FIEMG. Viridis’ Brazilian director Jose...

Viridis Mining & Minerals’ Colossus rare earth project in Brazil is a rich source of dysprosium and terbium, which were both recently...

Viridis Mining & Minerals chairman Agha Shahzad Pervez at the company’s Colossus project in the Brazilian State of Minas Gerais. Credit:...

Drill rig at Viridis Mining and Minerals’ Colossus rare earths project in Minais Gerais, Brazil Credit: File Viridis Mining and Minerals...