# Solvay signs long-term rare earth supply agreement with Viridis Mining

Solvay has signed a long-term supply agreement with Viridis Mining and Minerals for mixed rare earth raw material from the Colossus project in Brazil, to be delivered to Solvay's La Rochelle site starting in 2028. The agreement runs through 2034 with minimum committed volumes at about 70% of planned capacity.

- Type: Contract
- Announced: 2026-11-04
- Where: Colossus project, Brazil, Brazil
- Status: announced
- Products: rare earth oxides, neodymium, praseodymium, dysprosium, terbium, samarium, gadolinium, yttrium
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Solvay](https://endata.com/companies/1830.md) (customer)
- [Viridis Mining and Minerals Limited](https://endata.com/companies/15961.md) (supplier)

## Sources

- [ideal-investisseur.fr](https://www.ideal-investisseur.fr/en/stock-news/solvay-signs-agreement-to-secure-rare-earths-from-brazil-starting-in-2028/28587.html), 2026-11-04: "Together, these strengths enhance our ability to consistently supply the rare earths required by demanding and fast-growing markets such as electric mobility, renewable energy, advanced electronics and medical applications."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.