Press Release: Rare Earths Americas Launches Initial Assessment at Constellation in Poços de Caldas Amid Growing Strategic Focus on Brazilian Ionic Clay Rare Earths
Rare Earths Americas, Inc. (NYSE American: REA) has commenced an Initial Assessment ("IA") at its Constellation Rare Earths Project in Brazil's Poços de Caldas district, which hosts an inferred mineral resource of 266.2 million tonnes at 2,637 ppm TREO. Constellation is one of three rare earth projects REA holds in Brazil, alongside the Alpha Project in Bahia and the early-stage Homer-A exploration project in Goiás. Recent activity involving Meteoric Resources' Caldeira Project in Poços de Caldas and Serra Verde's Pela Ema operation in Goiás reflects growing interest in Brazilian ionic clay assets. REA is targeting completion of the IA in mid-2027. Highlights: -- Accelerating economic evaluation: REA has commenced an IA, which will outline an initial mine plan, rare earth annual production potential, metallurgical review, infrastructure assessment, permitting overview and preliminary project economics, with completion targeted for mid-2027. -- Leading Ionic Adsorption Clay ("IAC") rare earth district: Constellation consists of 21 mineral tenements/titles covering approximately 59.5 km(2) within the Poços de Caldas alkaline complex, with the resource currently defined on approxim