Brascan Announces Agreement to Acquire REE Claims
Brascan is targeting the Albany Fork carbonatite, which may have magnetite, niobium and/or rare earth elements (REE) potential, according to historical government reports (e.g.
- Brascan is targeting the Albany Fork carbonatite, which may have magnetite, niobium and/or rare earth elements (REE) potential, according to historical government reports (e.g.
- Balbir Johal, CEO of Brascan, stated, We are excited to expand into battery metals by our first acquisition of this REE property in Ontario, Canada.
- Mr. Johal further said: Brascan intends to build a portfolio of highly prospective lithium properties in Canada and Brazil.
- The Company also holds an option over the Alegre project in Par state in northeastern Brazil.