Vision Blue and EMG put $150m into Brazil REE developer

Brazil rare earth element (REE) company Serra Verde is fully funded to advance its Brazil mining and processing operation to production, with a $150-mllion investment by Vision Blue Resources and the Energy and Minerals Group (EMG).

Serra Verde, a Denham Capital portfolio company, will produce a uniqe mineral concentrate containing a high value combination of both heavy and light magnetic REEs, including neodymium, praseodymium, terbium and dysprosium.