Home / Brazil and Minas Gerais

Strategic location · Execution context

A strategic mineral opportunity in one of Brazil's most established mining states.

Minas Americas combines a Minas Gerais location, a documented regional execution record and strategic relevance to more diversified magnet rare-earth supply chains.

Brazilian scale · Minas Gerais expertise · Regional execution

Map of Brazil showing the approximate Minas Americas project location in Minas Gerais, with Belo Horizonte, São Paulo and Rio de Janeiro as reference points
Approximate project locator based on 44 drill collars disclosed on 17 March 2026.

The strategic equation

Global concentration creates the need. Brazil supplies the optionality. Evidence decides the project.

Three reinforcing layers connect global demand to a specific Brazilian project.

  1. 01 · GLOBAL NEED94%

    A concentrated downstream chain

    China's reported share of 2024 sintered permanent-magnet production. Diversification requires new capacity across mining, refining and magnets.

  2. 02 · BRAZILIAN OPTIONALITY24.7%

    A large national reserve base

    Brazil's share of the global rare-earth reserve total in the federal 2026 investor guide.

  3. 03 · PROJECT PROOF443

    A growing assay record

    Reported drill holes as at 8 September 2026, building the evidence for resource definition and metallurgy.

THE INVESTOR QUESTION

Can a well-located exploration project convert geological evidence into a technically credible, responsibly developed and commercially relevant source of magnet rare earths?

Follow the evidence gates

Why Brazil

Endowment is not supply. That gap is the opportunity.

Brazil's 2026 federal investor guide reports a substantial national rare-earth reserve base alongside limited current output. In other words, the geological endowment is large, but it has not yet become proportionate supply.

That gap creates strategic relevance for Brazilian projects able to connect geology, recovery, product definition, permitting, financing and partnerships.

Open the 2026 federal investor guide
BRAZIL · RARE EARTHS · 2025MME / USGS TABLE
24.7%of global reserves
21 Mt reported national reserve base
0.5%of global production
2,000 t reported production

2025 reserve and production figures reported in Brazil's 2026 federal investor guide.

Why diversification matters

The bottleneck tightens after mining.

A new discovery matters strategically only if it can connect into separation, product qualification and customer demand.

01

Magnet rare-earth mining

60%

China's share of 2024 global mined production

02

Separation and refining

91%

China's share of 2024 global refined output

03

Sintered permanent magnets

94%

China's share of 2024 global production

What this means for Magnes

Resource definition, recovery and product partnerships form the bridge from discovery to a new potential source of magnet rare earths.

Explore strategic partnerships

Why Minas Gerais · Why Magnes

A mining ecosystem. A team that has already built in the state.

Invest Minas describes Minas Gerais as Brazil's largest state ore producer and identifies an established mineral-industry, foundry and specialised research base.

Magnes' company-specific advantage is experience: before Magnes, Cristiano Veloso led a regional mineral business through exploration, permitting, financing, construction, commissioning and production.

Aerial view of Plant 2, developed by the prior listed operating company in Minas Gerais during Cristiano Veloso's founder and CEO tenure
Plant 2 · Minas GeraisDeveloped by the prior operating company during Cristiano Veloso's founder and CEO tenure.
Aerial view of a mine developed by the prior listed operating company in Minas Gerais during Cristiano Veloso's leadership
Mine developmentPrior-company operation developed in Minas Gerais.
Cristiano Veloso, Founder and Chief Executive Officer of Magnes Rare Earths
FOUNDER & CHIEF EXECUTIVE OFFICER

Cristiano Veloso

A full-cycle company-building record in Minas Gerais, now applied to the exploration, technical de-risking and decisions ahead at Minas Americas.

Leadership and governance
20+ years
Founder-led developmentFrom exploration through commercial production.
2 mines · 3 plants
Brought into production / builtHistorical prior-company record in Minas Gerais.
3.0 Mtpa
Reported production capacityPrior-company mineral-fertilizer capacity.
C$151M+
Gross capital accessedHistorical platform capital—not capital deployed only in Minas Gerais.
PRIOR VERDE DELIVERY RECORD

Roads, bridge, power, drilling, laboratories and operating systems.

In October 2022, the prior listed operating company reported completing a 22 km Plant 2 road programme, including 14 km of asphalt and a new bridge, during Cristiano Veloso’s founder and CEO tenure. Verde also reported company-owned rigs and vehicles, field teams, laboratory capability and high-voltage power upgrades in its regional platform.

Review the founder track record Meet the leadership team
Historical prior-company outcomes—not Magnes assets, funding, operating readiness or project economics.

From ground to disclosure

A clear chain from drill collar to public result.

Field records, sample identity, laboratory analysis and Qualified Person review make every reported result traceable.

  1. 01

    Ground

    Field mapping, trenching and drilling create the physical project record.

  2. 02

    Sample

    Collars, intervals and sample identifiers preserve where each result came from.

  3. 03

    Analysis

    The 8 September programme used SGS Geosol methods and stated QA/QC controls.

  4. 04

    Disclosure

    An independent Qualified Person reviewed the cited technical release.

ANALYTICAL PROCEDURES

SGS Geosol · Brazil

The 8 September 2026 release states that auger and RC samples were submitted to SGS Geosol Laboratorios S.A. and analysed using lithium-borate fusion followed by ICP-MS/OES, with blanks, certified reference materials, field duplicates and laboratory controls used for QA/QC.

Read methods and QA/QC
TECHNICAL OVERSIGHT

Independent Qualified Person review

The scientific and technical information in the 8 September 2026 release was reviewed and approved by Carlos Leite, MAusIMM CP(Geo) (No. 1006695), an independent consultant to Magnes and a Qualified Person under NI 43-101.

Read the latest result in context

What comes next

Convert location into project value.

The setting is strong. The next phase must define the resource, prove recovery, establish a product route and test the economics.

01

Define the resource

Convert drilling, assays and geological interpretation into a compliant estimate of tonnage, grade and continuity.

02

Prove recovery

Test representative material across variability, impurities, reagent demand and mass balance.

03

Build the product route

Define the separation interface, product specification and customer qualification path.

04

Establish the economics

Integrate engineering, permitting, infrastructure, capital and operating assumptions.

Sources

Open the evidence behind every claim.

Global supply, Brazil, Minas Gerais, project results and execution history—each linked to its source.

GLOBAL SUPPLYIEA Rare Earth Elements 2026

Global market context is not evidence for Minas Americas recoverability, products, economics, financing or government support.

Open source
BRAZILBrazil critical-minerals investor guide 2026

Does not establish Magnes eligibility, financing, title, permits, endorsement or government backing.

Open source
MINAS GERAISMinas Gerais mining-sector profile

State promotional context only. It is not evidence of Magnes or Minas Americas assets, project costs, permitting status, financing, government backing, processing capacity or a development outcome.

Open source
PROJECT8 September 2026 first RC and auger results

Selected head-grade drilled intervals are not a mineral resource, reserve, recovery estimate or economic result. True thickness has not been determined. MAV_RC_0012 includes a documented 30-31 m no-recovery interval, and no composite crosses that gap. The separate Drill-Hole and Assay Results Annex referred to in the release is not included in this website package.

Open source
REGIONAL EXECUTION1 August 2026 founder record

Biographical framing only. Historical assets and investment belonged to the prior listed operating company and do not establish a development outcome for Minas Americas.

Open source
REGIONAL PLATFORM2 December 2025 first drill assays

Later tables contain small reconciliation differences for some early composites; later disclosure controls.

Open source
CAPACITY24 May 2023 historical investment and capacity disclosure

The investment and reported capacity relate to the prior listed operating company, not Magnes or Minas Americas. Reported capacity is not actual output.

Open source
CAPITAL DISCIPLINE15 August 2026 capital audit

Gross cumulative financing flows are not net new growth capital, current liquidity, capital retained or Magnes funding.

Open source
ROAD + BRIDGE19 October 2022 road and bridge disclosure

Historical prior-company works; not Magnes or Minas Americas assets or evidence of project costs, engineering, permitting, financing or a development outcome.

Open source
COMMERCIAL PRODUCTION14 November 2018 commercial production declaration

Historical operating record of the prior listed company; not a Magnes or Minas Americas production claim.

Open source

Approximate map marker: 19.52°S / 46.11°W.

From context to evidence

Now test the investment case.

Review what Minas Americas has reported, what could change the thesis and what must still be proven.