Viridis Mining and Solvay sign $915M rare earth offtake deal

Australia's Viridis Mining and Minerals executed a binding long-term offtake contract with Rhodia Operations SAS, a subsidiary of Solvay, for mixed rare earth carbonate from the Colossus project in Brazil. The contract is valued at a minimum of $915 million from 2028 to 2034, with Solvay committing to purchase at least 70% of forecast production.

“Securing binding offtake with Solvay, alongside our advanced senior debt financing process, puts Viridis in a strong position as we progress towards targeted production in 2028.”itradecouncil.org

• 1 source
• itradecouncil.orgITC Member Directory - International Trade CouncilNov 6, 2026

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