Power Minerals Initiates Rare Earths Program at Morro do Ferro in Brazil

Power Minerals has commenced a mineralogical characterization program at Morro do Ferro, focusing on high-value rare earth elements such as Neodymium, Praseodymium, Dysprosium, and Terbium. The study will evaluate the occurrence of these elements within the project's mineralization and assess the feasibility of removing low-value cerium and gangue minerals before downstream processing.

Statistical analysis indicates that about 40% of the non-cerium rare earth inventory by mass comprises these key elements, which account for nearly 98% of the contained rare earth value. Additionally, environmental studies have begun to expedite approvals under the mining license. The results are anticipated to influence future mining, metallurgical, and environmental strategies, potentially enhancing the project's economic viability and positioning it as a premier magnet rare earth project.