Estimate the value of SUM, page-86

Sandro Arruda

CEO na Guru Blessed Minérios do Brasil | Consultoria de investimentos em mineração

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Summit Minerals deserves recognition for operating in areas with some of the greatest mineral potential in Northeast Brazil, particularly in tantalum, niobium, and rare earth elements. These minerals are found both in pegmatite bodies and alluvial deposits, and the areas are part of an extensive paleovalley where heavy minerals concentrate, making exploration highly promising. The association of various critical minerals in the same region enhances the value of the final product, offering a distinct appeal in the international market, especially in this current phase of global energy transition.

Moreover, Summit’s approach aims to transform the socioeconomic landscape of regions historically marked by artisanal mining. By utilizing advanced technologies, such as LIDAR and magnetometry in geological research, sample collection, and process route definition, the company stands out as one of the pioneers in modernizing the mining sector in Northeast Brazil. This effort not only promotes more efficient and lower environmental impact exploration but also drives job creation, income, and citizenship in local communities, reshaping the traditional image of artisanal mining in Brazil.