St George signs MOU with Brazil's Lima & Pergher for rare earth processing center
26/08/2026 20:38
St George signs MOU with Brazil's Lima & Pergher for rare earth processing center By Marta Nogueira
BELO HORIZONTE, Aug 26 (Reuters) - Australia's St George Mining SGQ.AX signed a memorandum of understanding with Brazil's conglomerate Lima & Pergher to establish a rare earth separation and processing center in the Brazilian city of Uberlandia, executives told Reuters on Wednesday.
Under the agreement, a combined investment of 2 billion reais ($388.1 million) is expected, the executives added.
($1 = 5.1535 reais)
(Reporting by Marta Nogueira; Writing by Fernando Cardoso)
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