Serra Verde is the first large-scale producer of all four magnetic rare earths outside Asia. The company also aims to provide a new, reliable, responsible, traceable, and low carbon supply of REEs to diversify global supply chains. Serra Verde’s integrated Pela Ema rare earth mining and processing operation is a world-class ionic clay resource in terms of relative size and grade, which supports a long-life and low-cost operation with strong ESG credentials. 

Key features

  • Located in Goiás state, central Brazil

  • Established mining jurisdiction, with existing logistics infrastructure

  • Vision Blue’s investment contributed to fully funding final project construction

  • Commercial production began at the beginning of 2024
  • Added to the Minerals Security Partnership list of projects of critical importance to the energy transition October 2024
  • Ionic clay deposit amenable to low-risk open-pit mining
  • Simple, established processing technique with no hazardous reagents or wet tailings
  • All power supplied by renewable sources
  • Significant embedded optionality and scalability to drive strategic value creation

End uses

  • Rare Earth Elements such as those produced by Serra Verde are used in over 200 applications including the manufacture of lasers, optical lenses, jet engines and permanent magnets for electric vehicles and wind turbines, which are essential in the emerging transition to clean energy technologies

SERRA VERDE WEBSITE

A birdseye view of Serra Verde's operations.


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Vision Blue Portfolio