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St George Taps US Advisor to Boost Araxá Rare Earths

MiningJan 28, 2026

United States | South America

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.

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)

Recent Developments

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St George Mining Surges as Index Inclusion and Rare Earths Progress Drive Investor Interest

St George Mining (SGQ) has experienced significant price volatility recently amid multiple positive developments including index inclusion and operational progress at its Araxa rare earths and niobium project. The company's stock has declined 4.35% to face recent selling pressure, with analyst sentiment turning cautious despite strategic advances and new share issuance to fund development.

3/18/2026

St George Mining's Araxá Resource Surge Drives Rally Amid Rare Earths Momentum

St George Mining (ASX:SGQ) has delivered substantial resource upgrades at its Araxá project in Brazil, expanding rare earth oxide reserves to 70 million tonnes and niobium to 95 million tonnes. Despite a sell rating from analysts, the company's strategic partnerships and ongoing drill success have shifted market sentiment positively, with recent developments highlighting significant production potential.

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.