IMC Rare Earths Ltd Form 6-K — Oct 8, 2026
IMC Rare Earths announced a new shallow, high-grade terbium-rich ionic clay discovery at Block H of its Itarantim project in Brazil, with a 7-meter intercept grading 5,695 ppm TREO starting just two meters below surface. The discovery sits entirely outside the company's existing 1.1 billion tonne Mineral Resource, opening a new area for resource growth. Initial leach tests recovered 64% to 83% of terbium, and dysprosium plus terbium oxides make up 5.2% of TREO in the interval. IMC is also prioritizing Block D, where a 20-meter intercept ended in mineralization and diamond drilling is planned to test deeper continuation.
Key figures
- Block DHigh Grade
- 6m at 6,574 ppm TREO, 42 ppm Tb4O7
- Block DIntercept
- 20m at 4,098 ppm TREO ending in mineralization, incl. 9m at 24 ppm Tb4O7 with 72% terbium leachability
- Block HHigh Grade
- 3m at 7,841 ppm TREO, 52 ppm Tb4O7, 357 ppm Dy2O3
- Block HIntercept
- 7m at 5,695 ppm TREO, 38 ppm Tb4O7, 258 ppm Dy2O3 from 2m depth
- Heavy REEshare Of TREO
- 5.2%
- Terbium Leach Recovery
- 64%-83%
- Existing Resource Tonnes
- 1100000000
AI analysis
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