Financial Wire

Southern Alliance Mining, Brazilian Critical Minerals to Explore Rare Earth Opportunities

-- Southern Alliance Mining (SGX:QNS) and Brazilian Critical Minerals (ASX:BCM), signed a non-binding agreement to evaluate opportunities for the development and distribution of rare earth products, according to a Monday filing with the Singapore Exchange.

The company owns 40% of MCRE Resources which sold around 20,280 tons of mixed rare earth carbonate as of August 2025.

Brazilian Critical Minerals on the other hand, focuses on rare earth elements and platinum group metals in Brazil.

The two parties have established a framework to assess technical, commercial and logistical requirements for potential joint ventures and to negotiate terms for future offtake arrangements.

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