Viridis Mining to Sell Rare Earths to Western Buyers
Australian miner Viridis is in advanced talks with U.S. and European buyers for its Colossus mine in Brazil. The company aims to avoid Chinese offtake to support supply chain diversification and expects to reach steady-state production by late 2028.
Xurve View
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Xurve View
VIRIDIS MINING AND MINERALS is in advanced talks to sell rare earth offtake from its $370 million Colossus mine in Brazil to Western buyers. The miner is intentionally excluding China from its supply chain to capture higher value and ensure supply diversification. Investors are monitoring the project as a critical non-Chinese source for minerals essential to electric vehicles and defense systems.
