⚒️ High-Grade Niobium & Rare Earth Concentrates Confirmed at Araxá
St George Mining (ASX: SGQ) has delivered a major metallurgical milestone at its Araxá Project in Brazil, with initial beneficiation testwork successfully producing separate high-grade niobium and rare earth concentrates from near-surface mineralisation. 🚀🌎
The results support SGQ's strategy of developing a dual-commodity operation capable of unlocking value from both niobium and rare earths at one of the world's most significant critical minerals projects.
🔎 Key Highlights
High-grade niobium concentrate produced from flotation testwork
Up to 40.2% Nb₂O₅ concentrate grade achieved
Recovery rates up to 54.3%, comparable with operating niobium mines
Rare earth concentrate grading 15.7% TREO produced
Overall rare earth recovery of approximately 82%
Locked-cycle and recycle testwork now underway to optimise recoveries
Pilot plant study scheduled for July 2026
Large-scale pilot plant expected to be operating by late Q4 2026
Araxá hosts a world-class resource of 70.91Mt @ 4.06% TREO and 0.62% Nb₂O₅
📊 Market Snapshot
Share Price: $0.102
Market Cap: $395.21M
🚀 Investor Takeaway
The successful production of separate niobium and rare earth concentrates marks an important de-risking milestone for Araxá. With metallurgical performance aligning with industry benchmarks, pilot plant activities on the horizon, and one of the world's largest undeveloped niobium and rare earth resources, SGQ continues to strengthen its pathway toward potential future production.
ATL Joins St George Mining to Accelerate Critical Minerals Growth 🚀⛏️
St George Mining (ASX: SGQ) welcomes ATL — a world leader in lithium-ion batteries — as a strategic shareholder, reinforcing its critical minerals ambitions and expanding exposure to the world-class Araxá Niobium-Rare Earths Project in Brazil.
Following a Lithium Star JV restructure, ATL will take a direct stake in SGQ while maintaining future lithium exposure.
🔎 Key Highlights
ATL investing at $0.16/share — a 36% premium to SGQ’s 30-day VWAP
Lithium Star to become a wholly owned SGQ subsidiary
ATL gains exposure to SGQ’s world-class Araxá Project
Future lithium offtake rights secured for ATL
Continued lithium exploration focus across Western Australia
Strategic partnership strengthens SGQ’s links with a major global battery leader
📊 Market Snapshot
Share Price: $0.120
Market Cap: $473.94M
🚀 Investor Takeaway
SGQ is strengthening its foothold across niobium, rare earths and lithium — commodities central to the global energy transition. With ATL joining the register, Araxá development momentum building in Brazil and lithium optionality retained in WA, SGQ is advancing a diversified critical minerals growth story.
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