Verde AgriTech’s plan for rare earths discovery approved
Published by Willow Munz,
Editorial Assistant
World Fertilizer,
Verde AgriTech has announced that its Board of Directors has concluded a detailed review of its recent new district scale rare earths discovery, a review of ongoing fertilizer operations and feedback from management and shareholders. Following this assessment, the Board has approved an accelerated, cost-efficient development plan for this new project, officially named the Minas Americas Global Alliance rare earths project.
In addition, the Board has identified several project milestones and approved plans to finance near-term exploration plans, without compromising the Company’s low carbon specialty fertilizer business.
Upcoming milestones for the project
- Complete mobilisation – third drill rig expected at site the week of 20 October 2025.
- Confirm ionic clay mineralization with summary of ionic adsorption diagnostics together with full leachate impurity and radiological screening (Q4 2025).
- Provide update on initial drilling (Q4 2025).
- Complete initial drilling and additional trenching; release assay results (Q4 2025).
- Release ANSTO recovery test (Q1 2026.
- Publish maiden NI 43-101 mineral resource estimate (MRE)(Q1 2026).
- Publish preliminary economic assessment (“PEA”) to demonstrate economics (Mid 2026).
“Company owned rigs are now turning, with a third rig mobilizing shortly. Our in-house lab is fast tracking metallurgical testwork while leading external laboratories conduct independent validation,” commented Cristiano Veloso, Founder and CEO. “This is the same team that built and operated two mines and two industrial plants in the same region in Brazil – an execution advantage we intend to leverage. We expect to confirm the Project’s ionic clay mineralisation and report initial drilling in Q4 2025, followed by a maiden mineral resource estimate and a Preliminary Economic Assessment in the first half of 2026. These programs are supported by our current liquidity – approximately $11.5 million in cash and receivables – and disciplined capital allocation. We will let the data lead and remain focused on creating value for our shareholders.”
Project funding
Verde is fully funded to execute the initial Project work programme while continuing its fertilizer operations, with approximately C$11.5 million in cash and receivables on hand, as of the date of this release.
Rare earths discovery summary
On October 6 2025, Verde reported a continuous, clay hosted rare earth mineralised zone spanning approximately 5500 hectares across 13 mineral rights in Alto Paranaíba, Minas Gerais, Brazil. The zone was delineated through integrated mapping, geochemistry, geophysics and confirmed by trench sampling. Highlight assays include up to 8930 ppm TREO and up to 2182 ppm MREO, with 75 surface/trench samples averaging 743 ppm MREO (54/75 ≥ 400 ppm; 22/75 ≥ 1,000 ppm). Samples show a strong NdPr component (averaging ~19% of TREO, up to 24%) and the strong presence of dysprosium and terbium – attributes aligned with high performance magnet applications in EVs, robots and wind power.
Read the article online at: https://www.worldfertilizer.com/project-news/15102025/verde-agritechs-plan-for-rare-earths-discovery-approved/