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St George Taps US Advisor to Boost Araxá Rare Earths

1/28/2026 | United States | South America

Mining

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.

St George Mining has appointed Ervin Graves to lead US government and private sector engagement for its Araxá rare earths project in Brazil.

The move comes as US policymakers and financiers increase deployments into critical minerals globally, including recent major funding and loan packages and a multilateral focus on supply-chain partnerships. SGQ’s mandate for Graves is to advance discussions on commercial arrangements and public–private partnerships to support project development.

Araxá is a carbonatite-hosted deposit described by the company as the largest and highest-grade in South America and the second-highest grade REE deposit in the Western world. Three drill rigs are operating 24/7, assays are pending for 32 holes, the campaign has been extended into 2026 and a resource upgrade is expected later this quarter.

Corporate links and downstream plans include an expanding partnership with US magnet maker REAlloys, pilot-plant collaboration with CEFET, participation in the MAGBRAS initiative, and prior demonstrations of >99% purity rare earth product with high recoveries. The company is advancing environmental, geotechnical and development studies and targets permitting by Q4 2026.

Near-term catalysts are drill results that expand the resource footprint, clarification of downstream processing strategy (notably US-facing options), pilot trials and progress on permitting and offtake discussions.

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 deepens US ties for Araxá critical minerals

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

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)