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St George deepens US ties for Araxá critical minerals

1/28/2026 | United States | South America

Mining

St George hired a Washington adviser to advance its Araxá rare earths–niobium project amid growing US support for Western Hemisphere supply chains.

St George Mining has engaged Washington advisory firm Ervin Graves Strategy Group to strengthen relationships with US government agencies as Washington accelerates efforts to secure critical mineral supply chains across the Western Hemisphere.

The adviser will support outreach for St George’s 100%-owned Araxá rare earths–niobium project in Minas Gerais, Brazil. Araxá hosts a maiden Mineral Resource Estimate of 40.6Mt at 4.13% TREO (2% TREO cut-off) and a niobium resource of 41.2Mt at 0.68% Nb2O5 (0.2% cut-off), with mineralisation from surface and potential for open-pit extraction.

The appointment follows heightened US policy and financing actions aimed at diversifying supply beyond China, including a reported US$1.6 billion financing package linked to USA Rare Earth and up to US$465 million of DFC support for another Brazilian project. Ervin Graves, with senior-level US government and defence policy experience, will help position Araxá within emerging mine-to-magnet priorities and pursue potential US funding and downstream partnerships.

St George cites Araxá’s favourable Minas Gerais location, established infrastructure, significant carbonatite-hosted grades comparable to major global deposits, selection under Brazil’s MagBras initiative, a state cooperation agreement to expedite permitting, and a strategic downstream alliance with US-based REalloys as enablers for rapid development.

"Araxá aligns closely with US policy to support critical minerals in the Western world," said executive chairman John Prineas.

Recent Developments

2/10/2026

St George Mining's Araxá Drilling Fuels Share Surge

St George Mining (ASX:SGQ) shares have experienced heightened volatility amid stellar drilling results from the Araxá rare earths and niobium project in Brazil, boosting trading volumes and drawing bullish analyst attention despite recent pullbacks.

2/3/2026

St George Mining Advances Araxá Amid Volatile Trading

St George Mining (ASX:SGQ) reports strong drilling results at Araxá project in Brazil, boosting niobium and rare earth potential, though share price shows recent declines and high volatility. Positive market sentiment driven by US partnerships, with analysts noting Hold ratings.

1/28/2026

St George Taps US Advisor to Boost Araxá Rare Earths

St George hired a US advisor to accelerate funding, partnerships and development of its high-grade Araxá rare earths project amid growing US-Brazil critical minerals interest.

1/27/2026

St George Mining Advances Araxá with High-Grade Discoveries

St George Mining (ASX:SGQ) has reported exceptional drilling results at its Araxá project in Brazil, driving share price gains amid positive market sentiment and analyst optimism for resource upgrades.

1/26/2026

St George Expands Araxá Rare Earths and Niobium Program

St George's drilling at Araxá returned thick, near-surface rare earth and niobium intercepts that should expand the MRE and support open-pit development.

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St George Mining

SGQ
St George Mining Limited (ASX:SGQ) is a West Perth-based exploration company targeting critical minerals like niobium, rare earths, lithium, nickel, and copper. Key assets include the Araxá Project in Brazil—acquired in 2025 with a maiden resource of 41.2 Mt at 0.68% Nb2O5 and 40.6 Mt at 4.13% TREO—and Western Australia's Mt Alexander project.
Australian Securities Exchange (ASX)