Show Notes
Axel REE Ltd managing director Patience Mpofu talked with Proactive about the company’s rare earths and gallium portfolio in Brazil, including progress at the flagship Caladão Project and plans to accelerate work at the Caldas Project.
Mpofu said Caladão remains the company’s main priority, with Woolrich now moving into a new phase following a significant resource upgrade. She explained that the resource has “literally doubled” and highlighted the inclusion of an indicated resource as an important step in increasing confidence in the project.
The next stage of work at Woolrich will include hydrogeological studies, environmental baseline work and field trials designed to assess how rare earths could potentially be recovered in the ground. Axel REE also plans to progress work that will help establish design criteria and support future scoping studies.
Mpofu also discussed the opportunity presented by gallium, describing its strategic importance given the concentration of global supply in China. The company is assessing whether gallium can be recovered economically from its mineralisation while keeping reagent consumption, capital requirements, operating costs and impurities under control.
At Caldas, the company is also looking to undertake further drilling following renewed industry interest in the region. Mpofu said previous work had demonstrated strong mineralisation and that the next objective is to determine whether additional drilling can support the definition of a resource.
Mpofu also discussed Axel REE’s upcoming presence at the IMARC conference in Sydney, where the company plans to present its development pathway and approach to potential low-cost, low-capital in-situ recovery.
Visit Proactive’s YouTube channel for more interviews and company updates. Give the video a like, subscribe to the channel and enable notifications so you don’t miss future content.
#AxelREE #ASXAXL #RareEarths #Gallium #CriticalMinerals #CaladaoProject #CaldasProject #Woolrich #RareEarthExploration #BrazilMining #MiningExploration #CriticalMetals #InSituRecovery #StrategicMetals #MiningInvesting #ASX #ProactiveInvestors
More from Proactive - Interviews for investors
International Graphite Ltd managing director and CEO Andrew Worland talked with Proactive about the company’s proposed name change to IG6 Advanced Materials Limited and how it reflects an increasing focus on midstream and downstream graphite processing.
Miivo AI CEO Alex Damouni joined Steve Darling from Proactive to discuss the company's first-quarter fiscal 2027 revenue growth of nearly 560% compared with the same period last year, as the company begins commercializing its artificial intelligence products and expanding its customer base.
Gunnison Copper Corp CEO Craig Hallworth joined Steve Darling from Proactive to discuss the company's planned NYSE American listing, growing Arizona copper operations and efforts to strengthen domestic supplies of a critical metal used in defence, technology and manufacturing.
Nextech3D.ai CEO Evan Gappelberg joined Steve Darling from Proactive to announce that the company’s Map D platform has generated its first AI-created customer floor plan for the Florida Home Builders Association’s Southeast Building Conference (SEBC) 2027.
Gulf Keystone Petroleum Limited (LSE:GKP) CEO Jon Harris spoke with Proactive's Stephen Gunnion about the proposed merger with another Kurdistan-focused oil producer, the potential for higher production and what the deal could mean for shareholders.