Project UpdateNov 5, 2026, 08:16 AM
IMC Rare Earths Plans Deeper Drilling, Field Trials at Itarantim Project
AI Summary
IMC Rare Earths Ltd announced a planned deeper drilling program and progress on field trials at its Itarantim project in Brazil. The company aims to better understand the project's rare earth resources and evaluate potential recovery methods ahead of key milestones in 2027. A diamond drilling program is commencing to investigate mineralization beyond existing depths, while engineering consultancy WSP leads in-situ recovery field trials. The company is also expanding exploration capacity and engaging in community support initiatives.
Key Highlights
- IMC Rare Earths Ltd announces deeper drilling program at its Itarantim project in Brazil.
- Diamond drilling to investigate mineralization beyond 30-meter depth and into bedrock.
- WSP is leading a small-scale in-situ recovery (ISR) field program at Block A, with injection testing expected in Q1 2027.
- Groundwater monitoring well installation is underway across the project.
- University of Brighton is testing Block D samples for rare earth recovery using magnesium sulfate.
- Nine auger teams are operating across the project, engaging over 100 Brazilian workers.
- IMC is coordinating Christmas support and community initiatives in Itarantim.
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