St George Mining’s Araxá Niobium-REE Acquisition Sparks Major Advancements in Brazil
St George Mining Limited (ASX: SGQ) (the “Company” or “St George Mining”) is accelerating its push …
ST George Mining
Industry: MINING
St George Mining Limited is an emerging leader in the global critical minerals sector, strategically advancing the high-grade Araxá Niobium-REE Project in Minas Gerais, Brazil. The Company has secured $20 million in capital raising to fully fund its 2025 drilling and development programs, positioning itself as a key supplier of niobium and rare earth elements (REEs)—both essential for clean energy technologies, electric vehicles, and advanced manufacturing.
Located adjacent to CBMM, the world’s largest niobium producer, the Araxá Project boasts ultra-high grades of up to 8% Nb₂O₅ and 33% TREO, offering a de-risked opportunity in a market controlled by only three global producers. Backed by a strong in-country management team with deep industry experience, St George is well-placed to deliver on its vision of becoming a major player in the critical minerals supply chain.
In addition to its Brazilian operations, St George continues to explore lithium and nickel opportunities at its Mt Alexander Project in Western Australia, further diversifying its strategic asset portfolio.
With a clear growth trajectory, strong funding, and world-class resources, St George Mining (ASX: SGQ) presents a compelling investment opportunity in the high-demand critical minerals sector.
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