Magnum Mining and Exploration Eyes US Rare Earth Market after Promising Test Results in Brazil

Small Caps10-02

Magnum Mining & Exploration (ASX: MGU) has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements (REE) market with positive leach test work results...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2572567706?lang=en_US&edition=fundamental","thumbnail":"https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/10/Magnum-Mining-Exploration-ASX-MGU-US-Rare-Earth-Market-Promising-Results-Brazil.jpg","is_english":true,"pubTime":"2025-10-02 10:24","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2572567706","market":"nz","top_or_hot":-1,"title":"Magnum Mining and Exploration Eyes US Rare Earth Market after Promising Test Results in Brazil","media":"Small Caps","content":"<div>\n<p>Magnum Mining & Exploration (ASX: MGU) has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements (REE) market with positive leach test work results...</p>\n\n<a href=\"https://smallcaps.com.au/magnum-mining-eyes-us-rare-earth-market-promising-test-results-brazil/\">Source Link</a>\n\n</div>\n","source":"smallcap_stock","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Magnum Mining and Exploration Eyes US Rare Earth Market after Promising Test Results in Brazil</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMagnum Mining and Exploration Eyes US Rare Earth Market after Promising Test Results in Brazil\n</h2>\n\n<h4 class=\"meta\">\n\n\n2025-10-02 10:24 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://smallcaps.com.au/magnum-mining-eyes-us-rare-earth-market-promising-test-results-brazil/><strong>Small Caps</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Magnum Mining & Exploration (ASX: MGU) has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements (REE) market with positive leach test work results...</p>\n\n<a href=\"https://smallcaps.com.au/magnum-mining-eyes-us-rare-earth-market-promising-test-results-brazil/\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BK7095","symbol_name":"多种金属与采矿","start_time":0,"source_url":"https://smallcaps.com.au/magnum-mining-eyes-us-rare-earth-market-promising-test-results-brazil/","article_id":"2572567706","we_media_id":null,"thumbnails":["https://cdn.shortpixel.ai/client/w_868,q_lossy,to_auto,ret_wait/https://150309019.v2.pressablecdn.com/wp-content/uploads/2025/10/Magnum-Mining-Exploration-ASX-MGU-US-Rare-Earth-Market-Promising-Results-Brazil.jpg"],"rights":{"source":"smallcap_stock","url":"https://smallcaps.com.au/magnum-mining-eyes-us-rare-earth-market-promising-test-results-brazil/","rn_cache_url":null,"directOrigin":true},"url":"https://stock-news.laohu8.com/highlight/detail?id=2572567706","pubTimestamp":1759371880,"columns":[],"sourceInfo":{"source_id":"smallcap_stock","name":"Small Caps"},"weMediaInfo":null,"summary":"Magnum Mining & Exploration has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements  market with positive leach test work results from its Palmares project in Brazil.Preliminary work on 23 REE samples from the Feirinha prospect at Palmares have highlighted the project’s potential to produce high-value magnet feedstock, while the company says its the heavy REE grade of270 parts per million differentiates Feirinha from its peers.Magnum sees the simple leach at ambient temperatures and very low residency time as highly encouraging, particularly as it is yet to fully optimise the process.Magnum will complete auger drilling across priority REE anomalies as a first pass aerial survey over a larger area than the rock chip and trench sampling that it previously completed on discrete pegmatite dykes.“With comparable grades to Brazilian Rare Earths and Meteoric, and a unique advantage in heavy rare earth enrichment, Magnum is well positioned","collect":0,"end_time":0,"defaultTopTitle":"smallcaps.com.au","property":[],"viewcount":null,"language":"en","relate_stocks":{"BK7095":"多种金属与采矿","REE":"Ree Automotive Ltd","BK4124":"机动车零配件与设备","MGU.AU":"MAGNUM MINING AND EXPLORATIO","REE.AU":"RAREX LTD"},"translate_title":"在巴西取得有希望的测试结果后，Magnum Mining and Exploration着眼于美国稀土市场","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"MGU.AU":1,"REE":1,"REE.AU":1},"content_text":"Magnum Mining & Exploration (ASX: MGU) has received a significant boost to its ambitions of becoming a supplier to the growing US rare earth elements (REE) market with positive leach test work results from its Palmares project in Brazil.\nPreliminary work on 23 REE samples from the Feirinha prospect at Palmares have highlighted the project’s potential to produce high-value magnet feedstock, while the company says its the heavy REE grade of  270 parts per million differentiates Feirinha from its peers.\nMagnum sees the simple leach at ambient temperatures and very low residency time as highly encouraging, particularly as it is yet to fully optimise the process.\nHighly Anomalous REE\nFeirinha hosts a swarm of pegmatite dykes that have returned highly anomalous REE results of as much as 1.69% total rare earth oxides (TREO).\nThe company is now planning to fast-track a follow-up examination of other known repetitions along strike, and has already initiated discussions with Senai CiMATEC, a leading Brazilian centre of innovative technology active in the area of REE processing and extraction.\nMagnum will complete auger drilling across priority REE anomalies as a first pass aerial survey over a larger area than the rock chip and trench sampling that it previously completed on discrete pegmatite dykes.\nThe ionic clay hosting these dykes will be the company’s main target for the REE mineralisation.\n‘Strategic Partner Attention’\n“With comparable grades to Brazilian Rare Earths and Meteoric, and a unique advantage in heavy rare earth enrichment, Magnum is well positioned to capture investor and strategic partner attention,” chair Michael Davy said.\n“The scale, consistency, and quality of results mark Palmares as a potential for a Tier 1 discovery.”\nMagnum revealed plans in late September to investigate the development of a critical minerals processing hub on the company’s 100%-owned tenements located at Lovelock, Nevada.\nThe proposed Lovelock hub sits within close access to the Hawthorne Military Depot, a key US facility for critical minerals stockpiling.\nEarlier in the month the company also published an update on its review of the critical minerals prospectivity of its US assets and identified the Buena Vista magnetite mine in Nevada as having potential to host REEs.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2572567706","isCrawlerRequest":true}