Appia is Joining MAGBRAS to Participate in the Development of Latin America's First Permanent Magnet Production Facility
Appia Rare Earths & Uranium (CSE: API) has joined the SENAI MAGBRAS initiative to develop Latin America's first rare earth permanent magnet facility in Lagoa Santa, Minas Gerais State, Brazil. The MAGBRAS project aims to establish a complete rare earth production chain in Brazil, implementing a 'From Mines to Magnets' approach.
The consortium includes the Federations of Industries of Santa Catarina (FIESC) and Minas Gerais (FIEMG), along with the National Bank for Economic and Social Development (BNDES). The project will focus on identifying technological challenges, developing solutions, implementing a pilot plant, and scaling to industrial production with industry collaboration.
Appia will provide management support and potential future source of light and heavy rare earths for Brazilian permanent magnet production.
Appia Rare Earths & Uranium (CSE: API) si è unita all'iniziativa SENAI MAGBRAS per sviluppare il primo stabilimento di magneti permanenti a terre rare dell'America Latina a Lagoa Santa, nello Stato di Minas Gerais, Brasile. Il progetto MAGBRAS ha l'obiettivo di stabilire una catena produttiva completa di terre rare in Brasile, adottando un approccio 'Dalle Miniere ai Magneti'.
Il consorzio include le Federazioni delle Industrie di Santa Catarina (FIESC) e di Minas Gerais (FIEMG), insieme alla Banca Nazionale per lo Sviluppo Economico e Sociale (BNDES). Il progetto si concentrerà sull'identificazione delle sfide tecnologiche, lo sviluppo di soluzioni, l'implementazione di un impianto pilota e l'espansione verso una produzione industriale in collaborazione con l'industria.
Appia fornirà supporto gestionale e una potenziale futura fonte di terre rare leggere e pesanti per la produzione di magneti permanenti in Brasile.
Appia Rare Earths & Uranium (CSE: API) se ha unido a la iniciativa SENAI MAGBRAS para desarrollar la primera instalación de imanes permanentes de tierras raras de América Latina en Lagoa Santa, Estado de Minas Gerais, Brasil. El proyecto MAGBRAS tiene como objetivo establecer una cadena de producción completa de tierras raras en Brasil, implementando un enfoque 'De las Minas a los Imanes'.
El consorcio incluye las Federaciones de Industrias de Santa Catarina (FIESC) y de Minas Gerais (FIEMG), junto con el Banco Nacional de Desarrollo Económico y Social (BNDES). El proyecto se centrará en identificar desafíos tecnológicos, desarrollar soluciones, implementar una planta piloto y escalar hacia la producción industrial en colaboración con la industria.
Appia proporcionará apoyo en la gestión y una posible futura fuente de tierras raras ligeras y pesadas para la producción de imanes permanentes en Brasil.
Appia Rare Earths & Uranium (CSE: API)는 브라질 미나스 제라이스 주 Lagoa Santa에 라틴 아메리카 최초의 희토류 영구 자석 시설을 개발하기 위해 SENAI MAGBRAS 이니셔티브에 참여했습니다. MAGBRAS 프로젝트는 브라질에서 '광산에서 자석까지' 접근 방식을 구현하여 완전한 희토류 생산 체인을 구축하는 것을 목표로 합니다.
이 컨소시엄에는 산타 카타리나 산업 연합 (FIESC)과 미나스 제라이스 산업 연합 (FIEMG), 그리고 국가 경제 및 사회 발전 은행 (BNDES)이 포함됩니다. 프로젝트는 기술적 도전 과제를 파악하고, 솔루션을 개발하고, 파일럿 플랜트를 구현하며, 산업 협력과 함께 산업 생산으로 확장하는 데 중점을 둘 것입니다.
Appia는 관리 지원을 제공하고 브라질의 영구 자석 생산을 위한 경량 및 중량 희토류의 잠재적 미래 공급원을 제시할 것입니다.
Appia Rare Earths & Uranium (CSE: API) a rejoint l'initiative SENAI MAGBRAS pour développer la première installation de magnets permanents en terres rares d'Amérique Latine à Lagoa Santa, dans l'État de Minas Gerais, au Brésil. Le projet MAGBRAS vise à établir une chaîne de production complète de terres rares au Brésil, en mettant en œuvre une approche 'Des Mines aux Aimants'.
Le consortium comprend les Fédérations des Industries de Santa Catarina (FIESC) et de Minas Gerais (FIEMG), ainsi que la Banque Nationale de Développement Économique et Social (BNDES). Le projet se concentrera sur l'identification des défis technologiques, le développement de solutions, la mise en œuvre d'une usine pilote et l'extension vers une production industrielle en collaboration avec l'industrie.
Appia fournira un soutien à la gestion et une source potentielle future de terres rares légères et lourdes pour la production de magnets permanents au Brésil.
Appia Rare Earths & Uranium (CSE: API) hat sich der SENAI MAGBRAS-Initiative angeschlossen, um die erste Anlage für permanente Magneten aus seltenen Erden in Lateinamerika in Lagoa Santa, Bundesstaat Minas Gerais, Brasilien, zu entwickeln. Das MAGBRAS-Projekt zielt darauf ab, eine vollständige Produktionskette für seltene Erden in Brasilien einzurichten, wobei ein Ansatz 'Von Bergwerken zu Magneten' umgesetzt wird.
Das Konsortium umfasst die Industrieverbände von Santa Catarina (FIESC) und Minas Gerais (FIEMG) sowie die Nationale Bank für wirtschaftliche und soziale Entwicklung (BNDES). Das Projekt konzentriert sich darauf, technologische Herausforderungen zu identifizieren, Lösungen zu entwickeln, eine Pilotanlage umzusetzen und mit der Industrie zusammenzuarbeiten, um industrielle Produktion zu skalieren.
Appia wird Managementunterstützung bieten und eine potenzielle zukünftige Quelle für leichte und schwere seltene Erden zur Produktion von permanenten Magneten in Brasilien bereitstellen.
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Toronto, Ontario--(Newsfile Corp. - November 27, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQB: APAAF) (FWB: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce that it has joined the SENAI MAGBRAS initiative which will develop the first rare earth permanent magnet facility in Latin America. The pilot facility is located in Lagoa Santa, Minas Gerais State - Brazil.
The MAGBRAS project was established to develop and implement a roadmap towards national production of rare earth permanent magnets, and includes the Federations of Industries of Santa Catarina (FIESC) and Minas Gerais (FIEMG), together with the National Bank for Economic and Social Development (BNDES), along with numerous private and public sector companies. Part of the Rota 2030/MOVER program, the project aims to establish a complete and permanent rare earth production chain in the country, and to enable Brazil to become an important player on the world stage.
The MAGBRAS consortium plans on developing commercial production of permanent magnets in Brazil using in-country resources "From Mines to Magnets" applying the following plan:
- Identification of technological challenges in producing permanent magnets.
- To develop and test solutions to address the identified technological challenges.
- Implementation of a Pilot Plant to test the metallurgical production of permanent magnets using the resources identified by local production and exploration projects.
- Development and implementation of an industrial scale permanent magnet facility with industry collaboration and support.
Stephen Burega, President, said, "Appia's contribution to MAGBRAS will include an in-kind commitment to support the management and development of the program as well as to provide a potential future source of light and heavy rare earths to be used in the production of Brazilian permanent magnets. Appia is pleased to participate in this extremely important intiative in support of the development of a fully integrated, in-country solution to build rare earth permanent magnets. It is our hope that this initiative will grow and Appia's PCH project can be a key source of the crucial heavy rare earths - Dysprosium and Terbium - needed in the production process to produce magnets with significantly stronger magnetic fields."
About Appia Rare Earths & Uranium Corp. (Appia)
Appia is a publicly traded Canadian company in the rare earth element and uranium sectors. The Company holds the right to acquire up to a
Appia has 149.4 million common shares outstanding, 170.8 million shares fully diluted.
Cautionary note regarding forward-looking statements: This News Release contains forward-looking statements which are typically preceded by, followed by or including the words "believes", "expects", "anticipates", "estimates", "intends", "plans" or similar expressions. Forward-looking statements are not a guarantee of future performance as they involve risks, uncertainties and assumptions. We do not intend and do not assume any obligation to update these forward-looking statements and shareholders are cautioned not to put undue reliance on such statements.
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Contact:
Tom Drivas, CEO and Director
(c) (416) 876-3957
(e) tdrivas@appiareu.com
Stephen Burega, President
(c) (647) 515-3734
(e) sburega@appiareu.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/231546
FAQ
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