Viridis Mining signs offtake deal with Solvay for Brazil rare earths

Australia's Viridis Mining and Minerals signed a binding long-term supply agreement with Belgium's Solvay for mixed rare earth carbonate from its Colossus project in Brazil. The deal covers seven elements, includes minimum take-or-pay volumes, and guarantees a minimum $915 million in revenue. First production is targeted for 2028.

“Australia's Viridis Mining and Minerals has taken a significant step toward financing its Colossus rare earth project in Brazil by signing a binding long-term supply agreement with Belgium's Solvay.”dailydigestinvest.com

• 1 source
• dailydigestinvest.comViridis locks in Solvay offtake for Brazil rare earths, targeting 2028 output — Daily Digest InvestMarcus DevlinNov 5, 2026

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