Exciting stuff as Serra Verde declares commercial production "Serra Verde (the “Company”), is pleased to announce that it has commenced commercial production of Mixed Rare Earth Concentrate (“MREC”) from Phase I of its Pela Ema deposit in Minaçu, Goiás State, Brazil. Once it has ramped up to full production, Serra Verde is expected to produce at least 5,000 tonnes per year of rare earth oxide used in the manufacture of high-efficiency permanent magnets required for electric vehicle motors and wind turbine generators."
Alvo is the only listed ASX/TSX company with landholding (on the same granite) adjoining an operating ionic clay adsorption (IAC) mine.
ALV Price at posting:
17.0¢ Sentiment: Buy Disclosure: Held
