Brazilian Rare Earths (BRE.AX) Corporate Update
Market Performance
- 24‑hour trading decline: -4.83 % to AUD 1.73 as of 12:20 PM Central Europe, Wednesday 21 Nov 2026.
- Volume: AUD 2.8 million worth of shares traded in the last 24 hours.
- Market Capitalisation: AUD 550.5 million.
- Outstanding Shares: 294.4 million.
- Recent Trend: Since the end of last month, the share price has fallen 50.13 %.
- Moving Average (200 days): AUD 4.39.
- 52‑Week Range: Highest AUD 7.07 (29 May 2026); lowest AUD 1.81 (20 Oct 2026).
September 2026 Quarter Highlights
- Monte Alto Project: Continued drilling expanded the resource, particularly to the north.
- Sulista Projects: New high‑grade discoveries at Sulista South; extensions confirmed at Sulista East.
- Camaçari Pilot Plant: First concentrate produced; Stage II hydrometallurgical co‑funding secured.
- Financial Position: Cash balance exceeds AUD 120 million; no debt.
These developments reinforce the company’s strategy of high‑grade, low‑cost rare‑earth production and potential co‑product opportunities.
Related Stock Movements (Last 24 hours)
| Ticker | Movement | Current Price (AUD) | Market Cap (AUD mn) | Notes |
|---|---|---|---|---|
| PNV.AX | -1.63 % | 0.90 | 635.6 | CFO Jan Gielen resigns to join Vitrafy Life Sciences; interim CFO appointed. |
| MEI.AX | -2.27 % | 0.22 | 639.5 | – |
| NMG.AX | -1.69 % | 0.06 | 643.1 | New exploration results from Airstrip prospect; high‑grade gold intervals confirmed. |
| QAL.AX | +2.26 % | 2.28 | 654.0 | – |
| CXO.AX | +5 % | 0.21 | 653.8 | – |
Company Overview
Brazilian Rare Earths Limited specialises in exploration and mining services for heavy and light rare‑earth projects in Northeast Brazil. The company is listed on the ASX All Markets and provides services to a global customer base via its website at www.brazilianrarearaths.com .
