St George Mining continues to strengthen its position in the global critical minerals sector as the Araxá Project in Brazil delivers promising high-grade niobium and rare earth mineralisation results. The project, located in the renowned Barreiro Carbonatite region of Minas Gerais, is emerging as a strategic asset for future clean energy, EV, and advanced technology supply chains.The Araxá Project has already confirmed extensive mineral resources, including significant niobium and rare earth oxide deposits. Recent drilling campaigns have identified additional high-grade zones outside the current Mineral Resource Estimate (MRE), highlighting strong expansion potential and reinforcing confidence in the project’s long-term development outlook.Industry analysts view Araxá as one of the most strategically positioned critical mineral projects outside China due to its location, infrastructure access, and proximity to established niobium operations. The project also benefits from increasing global demand for rare earth elements and niobium used in electric vehicles, renewable energy systems, aerospace manufacturing, and defense technologies.According to company updates, the mineralisation begins from surface, supporting the potential for low-cost open-pit mining operations
