08:26 AM EDT, 10/21/2025 (MT Newswires) -- Verde AgriTech ( VNPKF ) , which gained near 11% Monday, confirmed ionic-adsorption behaviour across multiple trenches at the Minas Americas Global Alliance project in Minas Gerais, Brazil.
The company on Tuesday said the ammonium-sulfate leach tests returned primary leach solutions (PLS) with "very strong magnet rare earth grades and exceptionally low impurities." Stage two metallurgical work for the company's Preliminary Economic Assessment, expected to be released in the second quarter of 2026, will implement multi-stage, counter current leaching and washing sequences, pH/ionic strength profiling, residence time optimization, and dispersion control.
"The objective is to translate today's conservative, single pass screen into materially higher extractions of NdPr, Dy and Tb in line with commercial ionic clay practice-while preserving the clean impurity profile indicated by the SGS screen," said the company in a statement. "As those flowsheet elements are introduced, recoveries typically step up materially from the initial screen because we are no longer constrained by a one and done 30-minute contact at fixed strength."
Shares of the company closed up $0.18 to $1.76 on Monday on the Toronto Stock Exchange.