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St George Mining Targets 2029 Niobium Output at Brazil Project
St George Mining aims for first ferroniobium production by 2029 at its Araxá project in Brazil, Executive Chairman John Prineas said. A feasibility study is due in H2 2027.
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St George Mining plans to start ferroniobium production at its Araxá project in Brazil by 2029, Executive Chairman John Prineas told investors Monday. A definitive feasibility study is scheduled for the second half of 2027.
The project sits on a mining lease adjacent to CBMM's niobium operation. CBMM supplies roughly 70% of the world's niobium. St George's initial plan calls for 5,000 tonnes of ferroniobium a year. The company's processing method extracts niobium, rare earths, and phosphate from the same ore.