Mosaic and Rainbow Rare Earths advance Brazil rare earths project

Go back to Mosaic and Rainbow Rare Earths advance Brazil rare earths project

Mosaic and Rainbow Rare Earths Advance Uberaba Rare Earths Project in Brazil

March 11, 2026 6:30 AM EDT

TAMPA, FL / ACCESS Newswire / March 11, 2026 / Mosaic Fertilizantes P&K Limitada, a subsidiary of the Mosaic Company ("Mosaic") and Rainbow Rare Earths Limited ("Rainbow") have completed a favorable preliminary economic assessment and entered into a joint project development agreement to advance the Uberaba rare earths project in Minas Gerais, Brazil.

Under the agreement, the parties will jointly pursue a prefeasibility study ("PFS"), with the intention, subject to favorable results, to progress to a definitive feasibility study ("DFS") targeted later in 2026. Subject to the favorable... More