The company's share price has appreciated by more than 90% over the past 12 months as it has worked away at bringing its Brazilian project closer to production, and the analysts at Canaccord Genuity believe the shares have a way to run yet.

I'll let you in on what their share price target on the company is shortly, but first, let's look at what the company has announced recently.

High-grade drilling results reported

Brazilian Rare Earths has just announced the results from 10,000m of drilling at its Monte Alto deposit, describing the results as "ultra-high grade''.

The results included 25.6m at a grade of 17.4% total rare earth oxides (TREO) in the southern part of the deposit, while there was a 9.4m intercept at 21.8% TREO in the eastern part of the deposit.

The company added:

The new drilling has expanded Monte Alto's mineralised envelope and remains open to the north, south and east, with new down-dip potential. Northern strike-extension confirmed. BRE is advancing the planned +5,000 m drilling campaign across the northern, southern and eastern growth fronts to continue expanding the mineralised envelope.

The company said the new drilling would be incorporated into an updated mineral resource estimate to be published by the end of 2026.

Brazilian Rare Earths Managing Director Bernardo da Veiga said:

Monte Alto continues to deliver the two outcomes that matter most for future resource growth: exceptional high grade mineralisation beyond the margins of the existing model and stronger geological continuity within the deposit. The compelling step-out drill results delivered repeatable high grades across several growth fronts, and the infill program has returned both ultra-high-grade assays and broad mineralised envelopes. The strategic significance is clear. The current Monte Alto production case is based only on drilling available to 22 February 2026. Since then, our team has successfully expanded the interpreted mineralised envelope volume to the south and east/down dip, while continuing to deliver ultra-high grades and advancing the open northern corridor. The additional scale immediately strengthens the Project's value proposition and, subject to conversion into Mineral Resources, could create substantial value through mine-life extension or increased annual production.

Shares looking cheap

Canaccord Genuity said the drilling results provided strong support for further resource growth at Monte Alto.

They added:

This has positive implications for project development plans through mine life extensions/increased production rates.

The broker has a price target on Brazilian Rare Earths shares of $8.70 compared to $4.14 at the time of writing.

The company is valued at $1.18 billion.

The post Looking for a 100% gain? One broker has a miner to watch appeared first on The Motley Fool Australia.

What did Brazilian Rare Earths report?

• ~10,000 m of new diamond drilling at Monte Alto has expanded the high-grade mineralised envelope by around 50% compared to the February 2026 model.
• Southern extension: 25.6 m at 17.4% TREO, including 8 m at 28.1% TREO (MADD0230).
• Eastern/down-dip extension: 9.4 m at 21.8% TREO, including 6.2 m at 25.4% TREO (MADD0093).
• Strong infill and step-out results across several fronts, with multiple intercepts exceeding 20% TREO and individual assays up to 36.5% TREO.
• Major critical mineral credits: niobium oxide up to 1.1%, scandium, tantalum and uranium also present at elevated grades.
• None of these new results are yet included in Monte Alto's Mineral Resource Estimate or production case.

What else do investors need to know?

The new drilling campaign has established several high-grade growth fronts to the south, east/down-dip, and north of the existing Monte Alto deposit. The mineralised system remains open in all directions, and a follow-up program of over 5,000 m is already underway to test further extensions.

A standout development is the unlocking of a northern corridor, where the company now has land access for a 1,400 m drill program to bridge the gap between the main deposit and a new high-grade northern discovery. These results create a clear pathway for resource growth, with potential mine life extension or increased production following the next resource update.

What did Brazilian Rare Earths management say?

CEO & Managing Director Bernardo da Veiga said:

Monte Alto continues to deliver the two outcomes that matter most for future resource growth: exceptional high-grade mineralisation beyond the margins of the existing model and stronger geological continuity within the deposit. Drillhole MADD0230 is a standout result – 25.6 metres at 17.4% TREO, including 8 metres at 28.1% TREO – while the MADD0093 extension confirms that the same high-grade, multi-element system continues down dip. The compelling step-out drill results delivered repeatable high grades across several growth fronts, and the infill program has returned both ultra-high-grade assays and broad mineralised envelopes.

The strategic significance is clear. The current Monte Alto production case is based only on drilling available to 22 February 2026. Since then, our team has successfully expanded the interpreted mineralised envelope volume to the south and east/down dip, while continuing to deliver ultra-high grades and advancing the open northern corridor. The additional scale immediately strengthens the Project's value proposition and, subject to conversion into Mineral Resources, could create substantial value through mine-life extension or increased annual production.

What's next for Brazilian Rare Earths?

Brazilian Rare Earths' immediate focus is on completing over 5,000 m of additional drilling to further test and define high-priority growth vectors around Monte Alto. A new Mineral Resource Estimate is planned for the end of 2026, which will incorporate these results for the first time.

Alongside drilling, the company is progressing mine planning and scoping work, including an ongoing pre-feasibility study that could underpin either an extended mine life or boosted annual output. Regional drilling at nearby targets also continues, underlining a broader district-scale growth strategy.

Brazilian Rare Earths share price snapshot

Over the past 12 months, Brazilian Rare Earths shares have risen 96%, outperforming the All Ordinaries Index (ASX: XAO).

View Original Announcement

The post Brazilian Rare Earths unlocks new growth at Monte Alto with ultra-high-grade drilling appeared first on The Motley Fool Australia.

What did Brazilian Rare Earths report?

• Post-tax NPV (8%): US$7.9 billion
• Annual average EBITDA (life of mine): US$1.4 billion
• Post-tax internal rate of return (IRR): 89%
• Payback period: 1.1 years
• Upfront capital to first oxide production: US$969 million (including 30% contingency)
• Projected C1 cash cost: US$21/kg (NdPr equivalent), placing it among the lowest-cost Western projects

What else do investors need to know?

The scoping study covers Brazilian Rare Earths' Rocha da Rocha project in Bahia, Brazil, highlighting a province-scale development with a hub-and-spoke model anchored by the ultra-high-grade Monte Alto district. Notably, Monte Alto's resource grade is twice that of major Western peers, such as Lynas and MP Materials, supporting robust process yields and lower operational costs.

The study plans a staged approach, fast-tracking concentrate production with an initial capex of just US$91 million for early cash flow, while the integrated Camaçari refinery hub leverages established industrial infrastructure, utilities and skilled workforce.

What's next for Brazilian Rare Earths?

Looking ahead, Brazilian Rare Earths is set to progress pre-feasibility studies through 2027 and seeks to secure further funding to support development. With the project open along strike and offering significant exploration upside, management is also aiming to unlock additional value from strategic co-products like uranium, scandium, niobium and tantalum.

The company expects to make a final investment decision after detailed feasibility studies, with first rare earth oxide and concentrate sales targeted for 2030–2031, subject to funding and permitting.

Brazilian Rare Earths share price snapshot

Over the past 12 months, Brazilian Rare Earths shares have risen 83%, outperforming the All Ordinaries Index (ASX: XAO), which has risen 3% over the same period.

View Original Announcement

The post Brazilian Rare Earths unveils Rocha da Rocha scoping study appeared first on The Motley Fool Australia.

What did Brazilian Rare Earths report?

• Alurion Resources IPO raised the maximum A$50 million, issuing 47,619,048 new shares at A$1.05 each
• Alurion's implied equity value post-IPO is A$256 million
• Brazilian Rare Earths retains a strategic holding of 39 million Alurion shares, or roughly 16%, valued at A$41 million
• Alurion directors and management subscribed for over A$4.5 million worth of shares
• Admission to the ASX is expected on 30 July 2026, trading from 3 August 2026 under code 'ALU'

What else do investors need to know?

Alurion's strong IPO demand included priority access for eligible Brazilian Rare Earths shareholders, and capped the offer at its maximum subscription. This financial boost allows Alurion to pursue an expanded two-year development program at the Amargosa Bauxite-Gallium Project, funding activities like land procurement, environmental work, and exploration.

Following shareholder approval for the Demerger, Brazilian Rare Earths can now narrow its focus to advancing its core rare earth and critical minerals assets. The upcoming Monte Alto Scoping Study in August 2026 is cited as Brazilian Rare Earths' next key milestone.

What did Brazilian Rare Earths management say?

Managing Director and CEO Bernardo da Veiga said:

Investor demand exceeding the A$50 million maximum, following 99.94% shareholder approval, highlights the strong market and shareholder support for the Alurion Resources demerger… For BRE, this successful outcome sharpens our own focus. We can now direct our full attention and capital toward advancing our important rare earth and critical mineral province, with the Monte Alto Scoping Study due in August 2026 standing as our next major catalyst.

What's next for Brazilian Rare Earths?

With the Alurion IPO completed, Brazilian Rare Earths plans to concentrate on advancing its flagship Monte Alto project and the broader Brazilian rare earths province. The company now enjoys a stronger financial position and a strategic holding in Alurion, keeping exposure to the bauxite-gallium sector without funding dilution.

Investors can expect further operational updates from Brazilian Rare Earths as it progresses its project pipeline, with upcoming news anticipated from the Monte Alto Scoping Study.

Brazilian Rare Earths share price snapshot

Over the past 12 months, Brazilian Rare Earths shares have risen 38%, outperforming the All Ordinaries Index (ASX: XAO), which is flat over the same period.

View Original Announcement

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In 2026, ASX 200 shares have managed just a 1.1% rise after the unexpected global oil shock made investors very nervous.

However, experts are confident of strong growth ahead for a few select ASX stocks.

Let's take a look at some examples.

Droneshield Ltd (ASX: DRO)

The Droneshield share price closed steady at $2.74 on Friday.

Over the past month, this ASX 200 industrials share has fallen 7%.

Canaccord Genuity renewed its buy rating on Droneshield shares last week.

The broker has a 12-month price target of $3.75.

This suggests a potential 40% upside ahead.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price finished at $11.92, down 1.6%, on Friday.

This ASX 200 travel share has ripped 19% over the past month.

Morgan Stanley reiterated its buy rating on Flight Centre shares with a price target of $16.

This implies potential capital gains of 34% ahead.

Seek Ltd (ASX: SEK)

The Seek share price closed 2.2% higher at $13.63 on Friday.

Over the past six months, this ASX 200 communications share has fallen 41%.

Citi reaffirmed its buy rating on Seek shares with a 12-month target of $24.15.

This suggests a potential near-80% upside ahead.

Turalco Gold Ltd (ASX: TCG)

Turalco Gold shares closed out the week at 55 cents apiece.

This ASX gold share has fallen 33% over six months.

Canaccord Genuity renewed its buy rating on Turalco Gold shares with a $1.75 target.

This implies potential capital growth of 220% over the next year.

IDP Education Ltd (ASX: IEL)

The IDP Education share price closed 6.7% higher at $2.56 on Friday.

Over the past six months, this ASX consumer discretionary share has tumbled 56%.

The language testing and international student placement provider was officially kicked out of the ASX 200 today.

UBS renewed its buy rating on IDP Education shares with a $5.15 target.

This suggests a potential 103% upside ahead.

Credit Corp Group Ltd (ASX: CCP)

The Credit Corp share price closed 0.9% higher at $13.07 on Friday.

This ASX financial share share has lifted 13% over the past four weeks.

Canaccord Genuity reiterated its buy rating on Credit Corp shares with a price target of $19.70.

This implies a potential 51% upside ahead.

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price finished at $4.91, down 5%, on Friday.

Over the past month, this ASX rare earths share has fallen 16%.

Ord Minnett renewed its buy rating on Brazilian Rare Earths shares last week.

The broker has a 12-month price target of $6.95.

This suggests a potential 45% upside ahead.

Resmed CDI (ASX: RMD)

The Resmed share price closed 0.7% higher at $26.68 on Friday.

Over the past six months, this ASX 200 healthcare share has lost 27% of its valuation.

Citi renewed its buy rating on Resmed shares with a $38 target.

This suggests a potential 42% upside ahead.

The post 8 ASX shares with 30% to 220% upside ahead: Experts appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are storming higher:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 4% to $5.33. This may have been driven by a broker note out of Ord Minnett. According to the note, the broker has upgraded the rare earths stock to a speculative buy rating (from hold) with a $6.95 price target. The broker made the move in response to encouraging drilling results from the Velhinhas prospect.

Evolution Mining Ltd (ASX: EVN)

The Evolution Mining share price is up 6% to $11.60. Investors have been buying Evolution Mining and other ASX gold stocks today after the price of gold rebounded. The catalyst for this was US President Donald Trump stating that a US-Iran peace deal was close. This led to oil prices pulling back, easing inflation and rate hike concerns. The S&P/ASX All Ordinaries Gold index is trading 5% higher on Friday afternoon.

Magellan Financial Group Ltd (ASX: MFG)

The Magellan share price is up 5% to $9.51. This has been driven by news that the ACCC has given the thumbs up to its proposed merger with Barrenjoey. If the merger goes ahead, Magellan advised that it plans to change its name to Barrenjoey. Magellan's chair, Andrew Formica, said: "As we bring these two businesses together it is important that our brand reflects both the expanded capabilities of the combined Group and the opportunities ahead. The decision to adopt the Barrenjoey name recognises the transformational nature of the Merger and follows feedback from our clients, our people and our shareholders since announcement of the Merger. A unified brand will provide greater clarity while reflecting the innovative culture, alignment of interests and commitment to clients that will define the combined organisation."

Qantas Airways Ltd (ASX: QAN)

The Qantas share price is up over 4% to $9.41. Investors have been buying the airline's shares after oil prices pulled back overnight. As fuel is a significant cost for an airline operator, any weakness in the price of oil is good news for its margins. In addition, the potential US-Iran peace deal could give travel markets a boost.

The post Why Brazilian Rare Earths, Evolution Mining, Magellan, and Qantas shares are racing higher today appeared first on The Motley Fool Australia.

However it wasn't all doom and gloom. 

Several ASX materials stocks shot higher, including: 

• Lynas Rare Earths Ltd (ASX: LYC) up 5%
• Elevra Lithium (ASX: ELV) jumped 5%
• Brazilian Rare Earths (ASX: BRE) climbed almost 10%. 

These companies have now all doubled in the last 12 months. 

Let's see what was behind the strong start to the week for these ASX materials stocks, and if there is more upside. 

Brazilian Rare Earths rockets on expansion news 

Brazilian Rare Earths operates as a mineral exploration company. It focuses on the discovery and development of mineral resources in Brazil. 

Following yesterday's impressive 10% rise, it is now up more than 200% in the last two years. 

Investors were gobbling up this ASX materials stock yesterday after it announced the spin-off of its aluminium business. 

Brazilian Rare Earths plans to demerge its Amargosa bauxite and gallium project into a new company through an initial public offering worth up to $50 million.

The company said the move separates two large-scale, strategically important mineral platforms with different development pathways.

At the time of writing, this ASX materials stock is trading for approximately $5.87. 

However in good news for prospective investors, experts are tipping more upside, including an $8 price target from Canaccord. 

This target is still 36% higher than current levels. 

Lynas still has upside 

Lynas is primarily involved in the exploration, development, and processing of rare earth minerals in Australia and Malaysia. 

It sits at the centre of a critical supply chain: rare earth magnets. 

These are used in electric vehicles, wind turbines, and advanced electronics.

It is one of the few major rare earths producers outside China, which has helped it benefit from geopolitical concerns around supply security and diversification.

After yesterday's 5% rise, it is now up 150% in the last 12 months and closed yesterday at $18.93. 

However 15 analyst forecasts via TradingView have an average price target of $22.45 on this ASX materials stock – indicating a further 18% upside. 

Elevra Lithium can keep rising

Elevra is an emerging lithium producer focused on sourcing and developing the raw materials needed to construct lithium-ion batteries, primarily lithium and graphite.

Like many lithium shares, it has benefited from surging oil costs, which has reignited the appeal for alternative energy sources.

After yesterday's rise, it is now up 380% in the last year. 

According to analyst forecasts via TradingView, it has another 30% upside to reach fair value. 

The post Can these soaring ASX materials stocks keep rising? appeared first on The Motley Fool Australia.

Four ASX shares that are not letting that hold them back are listed below. Here's why they are rising:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 6% to $5.68. Investors have been buying the rare earths developer's shares after it announced the spin-off of its aluminium business. Brazilian Rare Earths plans to demerge its Amargosa bauxite and gallium project into a new company through an initial public offering worth up to $50 million. It said: "The proposed demerger affords Amargosa the focus and flexibility it needs to be progressed rapidly, and reflects a disciplined portfolio strategy that separates two large-scale, strategically important mineral platforms with different development pathways."

Pro Medicus Ltd (ASX: PME)

The Pro Medicus share price is up 2.5% to $125.35. This morning, the health imaging technology company announced a seven-year, A$90 million contract with Boston-based Beth Israel Lahey Health. The contract will see the company's cloud-based Visage 7 Enterprise Imaging Platform implemented throughout Beth Israel Lahey Health providing a unified diagnostic imaging platform. Pro Medicus' CEO, Dr Sam Hupert, said: "Our pipeline remains strong and spans all market segments. This deal is for our 'full stack' comprising all three core Visage products, namely viewer, workflow and archive, a trend we see continuing."

Service Stream Ltd (ASX: SSM)

The Service Stream share price is up 1.5% to $2.17. This has been driven by the release of an announcement from the essential network services provider. Service Stream has secured new agreements worth $455 million across two major customers. This includes a new nine-year contract with Yarra Valley Water under its Maintenance Services Delivery Partners program. The company's managing director, Leigh Mackender, said: "Service Stream is delighted to be selected as a delivery partner for this long-term program. We look forward to working closely with Yarra Valley Water and supporting the maintenance of its critical infrastructure across Melbourne."

Woodside Energy Group Ltd (ASX: WDS)

The Woodside share price is up 3% to $32.16. Investors have been buying the energy giant's shares following a strong rise in oil prices on Friday night. Traders were bidding oil prices higher after Donald Trump suggested that he was losing patience with Iran in relation to peace talks. This has sparked fears of an escalation in the conflict.

The post Why Brazilian Rare Earths, Pro Medicus, Service Stream, and Woodside shares are charging higher appeared first on The Motley Fool Australia.

Shareholders to share the wealth

The new company will be known as Alurion Resources Ltd, and Brazilian Rare Earths shareholders on the register on an as-yet unannounced record date will be given 0.5607 shares in Alurion for each share they own.

Brazilian Rare Earths shareholders will also be given priority for new shares under the initial public offer.

The company's board said in a statement to the ASX on Monday that separating the Amargosa project into a new company with its own focused management team made sense.

The company said:

The proposed demerger affords Amargosa the focus and flexibility it needs to be progressed rapidly, and reflects a disciplined portfolio strategy that separates two large-scale, strategically important mineral platforms with different development pathways.

The company added that bauxite was in high demand, with new sources needed globally.

Bauxite is the primary raw material used to make alumina, which is then used to produce aluminium. The world's seaborne bauxite supply chain has become increasingly concentrated, with Guinea now supplying approximately 70% of China's imported bauxite feedstock. This supply concentration highlights the strategic importance for new, high-quality bauxite supply from reliable mining jurisdictions.

Advanced project status

Brazilian Rare Earths said Amargosa was not an early-stage project, with exploration work by Rio Tinto Ltd (ASX: RIO) and, more recently, by Brazilian Rare Earths itself, having defined a 568 million tonne resource, including 98 million tonnes of direct-ship bauxite at a grade of 41.9%.

The company added:

The scale and quality of the resource provide the foundation for a low-complexity initial development pathway and potential longer-term expansion opportunities. The first-stage Scoping Study development plan is simple by design: mine and ship bauxite directly, without building a beneficiation plant, tailings facility or major fixed infrastructure. This development pathway is designed to minimise upfront capital intensity, reduce time to market and position Amargosa in the first quartile of the global cost curve.

Brazilian Rare Earths said the scoping study envisaged a 1.2 year payback period and a development cost of just US$119 million.

Brazilian Rare Earths Managing Director Bernardo de Veiga said regarding the plan:

The proposed demerger and public listing of Alurion Resources is a disciplined value-unlocking transaction for BRE shareholders and the right structure for the leading Amargosa Bauxite-Gallium Project. Amargosa is a large-scale bauxite-gallium province, with the resource base, grade, logistics and low-capex first-stage development pathway to support a compelling standalone investment proposition. Establishing Alurion as a dedicated company gives Amargosa the capital focus, specialist leadership and strategic mandate to advance its development pathway. For BRE, the demerger also sharpens our corporate focus. It allows Alurion to advance Amargosa as a leading bauxite and critical minerals development company, while BRE concentrates its development and execution capabilities on advancing one of the world's most important rare earth and critical minerals provinces.

Brazilian Rare Earths shares were 4.9% higher on Monday at $5.60.

Canaccord Genuity recently issued a share price target for the company of $8.

The post Which ASX rare earths company is spinning out a new aluminium company? appeared first on The Motley Fool Australia.

Four ASX shares that are falling more than most today are listed below. Here's why they are dropping:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is down 4.5% to $4.30. This may have been driven by profit taking from some investors after the rare earths developer's shares raced higher on Wednesday. Investors were buying Brazilian Rare Earths shares after it revealed that it has secured a Trial Mining Licence from Brazil's National Mining Agency for its Monte Alto project in Bahia. This allows for the extraction of up to 2,000 tonnes per annum of material from the deposit. The company's managing director and CEO, Bernardo da Veiga, said: "Securing the Trial Mining Licence is a significant milestone for Monte Alto and a major step forward in BRE's integrated ore-to-oxides development pathway in Brazil."

L1 Group Ltd (ASX: L1G)

The L1 Group share price is down 5.5% to $1.00. This morning, the fund manager previously known as Platinum Asset Management, revealed that it is launching a new investment company that is expected to be listed on the Australian share market next month. The L1 Gold Fund aims to deliver positive absolute returns for shareholders over the medium to long term through investment in domestic and international gold sector securities, as well as a secondary allocation in the other precious metals sector.

Silver Mines Ltd (ASX: SVL)

The Silver Mines share price is down 4.5% to 16.7 cents. This appears to have been driven by another pullback in the silver price overnight. This is down approximately 38% from the high it reached in January. A stronger US dollar and inflation concerns have been weighing on both the silver and gold price this month.

Xero Ltd (ASX: XRO)

The Xero share price is down 3% to $72.59. This is despite there being no news out of the cloud accounting platform provider on Thursday. However, it is worth highlighting that most ASX tech stocks are falling today, reversing some of the strong gains they made on Wednesday. This has seen the S&P/ASX All Technology Index tumble 1.8% at the time of writing.

The post Why Brazilian Rare Earths, L1 Group, Silver Mines, and Xero shares are dropping today appeared first on The Motley Fool Australia.

The team at Canaccord Genuity has had a look at the announcement, and while they haven't changed their target price on the company, the target is still well above the current share price of $4.30. More on that later.

Major news

Firstly, what did the company itself say this week?

Brazilian Rare Earths said the newly-granted licence allows it to extract up to 2000 tonnes per year of product from the Monte Alto deposit, "enabling BRE to produce bulk shipments for potential customer offtakes and metallurgical testing at its Camaçari pilot plant''.

Trial mining at Monte Alto will also support the commissioning and operation of the company's fully permitted pilot plant, which remains on schedule to start operations in the third quarter of 2026.

Brazilian Rare Earths managing director Bernardo da Veiga said:

Securing the Trial Mining Licence is a significant milestone for Monte Alto and a major step forward in BRE's integrated ore-to-oxides development pathway in Brazil. This approval reflects the strength of our permitting work, the quality of our engagement with local communities and government stakeholders, and the advantages of Monte Alto's deliberately low-impact development model. With ultra-high-grade mineralisation, dry processing and a quarry-scale operating model, Monte Alto has been designed from the outset to support a staged, capital-efficient path through permitting and development. Just as importantly, trial mining can now supply high-grade material for customer evaluation and for our fully permitted pilot plant at Camaçari, linking upstream production with downstream processing capability in Brazil. That integrated model is central to our strategy to rebuild a leading Brazilian rare earths and critical minerals supply chain.

Shares looking cheap

Canaccord said it continued to look towards the publication of a maiden mineral resource estimate as a key valuation catalyst for the company.

As a recap, our modelled development scenario is based on an assumed Mining Inventory of just 3 million tonnes of ultra high grade primary material, which … supports a 10-year project at 7ktpa NdPr oxides through an integrated mine + refinery development. A larger mineral resource estimate would clearly support a longer mine life, in our view.

Canaccord has a speculative buy rating on Brazilian Rare Earths shares and price target of $8, which is 86% higher than the current share price.

The ASX rare earths company was valued at $1.24 billion at the close of trade on Wednesday.

The post Following a key approval, one broker tips 80% upside for this ASX rare earths stock appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are racing higher:

4DMedical Ltd (ASX: 4DX)

The 4DMedical share price is up 34% to $6.21. Investors have been buying this respiratory imaging technology company's shares after it made a big announcement. 4DMedical revealed that its CT:VQ technology has been deployed at the Mayo Clinic in the United States. The company's managing director and CEO, Andreas Fouras, commented: "Mayo's deployment is uniquely significant. When the world's number one hospital chooses to use your technology, it sends the strongest possible signal to the entire U.S. healthcare market about the clinical value and readiness of CT:VQ."

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 8.5% to $4.44. This morning, this rare earths developer revealed that it has secured a Trial Mining Licence from Brazil's National Mining Agency for its Monte Alto project in Bahia. This allows for the extraction of up to 2,000 tonnes per annum of material from the deposit. The company's managing director and CEO, Bernardo da Veiga, said: "Securing the Trial Mining Licence is a significant milestone for Monte Alto and a major step forward in BRE's integrated ore-to-oxides development pathway in Brazil."

Clarity Pharmaceuticals Ltd (ASX: CU6)

The Clarity Pharmaceuticals share price is up 18% to $3.63. This has been driven by news that the radiopharmaceuticals company has signed a large-scale manufacturing agreement with US-based company Theragenics. This gives Clarity access to a 134,000 square foot production facility with 14 cyclotrons capable of producing copper 64 at scale. The company notes that copper 64 offers a key advantage over traditional isotopes. This is due to its longer half-life of around 12.7 hours, which provides a shelf life of up to 48 hours.

Tuas Ltd (ASX: TUA)

The Tuas share price is up 5.5% to $6.33. This morning, this Singapore-based telco released its half-year results for FY 2026. Tuas revealed a 25.5% increase in revenue to S$91.9 million and a 27.2% jump in underlying EBITDA to S$41.1 million. Management advised that this strong growth reflects sustained improvement across all key financial metrics, supported by disciplined cost management and operating leverage.

The post Why 4DMedical, Brazilian Rare Earths, Clarity, and Tuas shares are racing higher today appeared first on The Motley Fool Australia.

At the time of writing, the ASX rare earths stock is up 7% to $4.37.

Why is this ASX rare earths stock storming higher?

The rare earths developer's shares are charging higher today following the release of an announcement revealing a key regulatory milestone for its Monte Alto project in Brazil.

According to the release, Brazilian Rare Earths has secured a Trial Mining Licence from Brazil's National Mining Agency for the project in Bahia.

Management believes this is a significant step forward in advancing the project from exploration toward staged development and ultimately commercial-scale mining.

What the licence allows

The release reveals that the licence authorises the extraction of up to 2,000 tonnes per annum of material from the Monte Alto deposit.

This will allow the company to produce bulk samples for potential customers and strategic partners, as well as support metallurgical testing.

Importantly, the material will also supply feedstock to the company's pilot plant at the Camaçari Petrochemical Complex, which is currently under construction and expected to begin operations in the third quarter of 2026.

Advancing toward commercial production

The ASX rare earths stock also highlights that the approval is a major step in its permitting pathway.

The next milestone will be the submission of an Economic Development Plan in the second quarter of 2026, which is expected to support the transition toward a full mining concession.

Brazilian Rare Earths' managing director and CEO, Bernardo da Veiga, said the licence represents a major step forward for the project and the company's broader strategy. He said:

Securing the Trial Mining Licence is a significant milestone for Monte Alto and a major step forward in BRE's integrated ore-to-oxides development pathway in Brazil. This approval reflects the strength of our permitting work, the quality of our engagement with local communities and government stakeholders, and the advantages of Monte Alto's deliberately low-impact development model. With ultra-high-grade mineralisation, dry processing and a quarry-scale operating model, Monte Alto has been designed from the outset to support a staged, capital-efficient path through permitting and development.

Just as importantly, trial mining can now supply high-grade material for customer evaluation and for our fully permitted pilot plant at Camaçari, linking upstream production with downstream processing capability in Brazil. That integrated model is central to our strategy to rebuild a leading Brazilian rare earths and critical minerals supply chain. Together with our existing export approvals, this licence materially advances commercial engagement, reduces development risk and brings Monte Alto closer to staged commercial operations.

The post Why is this ASX rare earths stock storming 7% higher today? appeared first on The Motley Fool Australia.

In a research note sent to clients this week, Wilsons makes the case that rare earths elements "sit at the centre of several powerful structural trends, including electrification, automation and defence modernisation''.  

Large demand drivers

They say that permanent magnets represent the largest source of rare earths demand, "with applications spanning electric vehicle motors, wind turbines, robotics and industrial automation, as well as consumer electronics''.

They go on to say:

Key magnet rare earths include NdPr (neodymium and praseodymium), which are used to produce NdFeB (neodymium–iron–boron) permanent magnets, the dominant magnet technology in advanced electric motors. In certain applications, heavy rare earths such as DyTb (dysprosium and terbium) are added to improve performance at elevated temperatures.

Wilsons says demand for magnet rare earths is expected to triple over the next decade, underpinned by a combination of structural drivers including the energy transition, automation and robotics, and defence and rearmament.

There are also major barriers to entry on the mining and processing front, as they say:

Rare earth supply is structurally inelastic to price signals. Projects face high capital intensity, complex permitting and financing requirements, and long development timelines that typically span 10-15 years. Against this backdrop, and with demand rising strongly, several magnet rare earth elements, including NdPr and DyTb, are expected to face supply deficits over the near to medium-term. Beyond the global supply/demand balance, an increasingly important dynamic for Western producers is the emergence of an increasingly bifurcated rare earth market, where strategic demand for ex-China supply is supporting pricing premiums and long-term supply agreements for Western rare earths.

Wilsons says China dominates both the extraction and refining of rare earths, which is a strategic vulnerability for Western economies.

Local winners

Among the ASX-listed companies in the sector, Lynas Rare Earths Ltd (ASX: LYC) stands out, Wilsons says, as the largest rare earths producer outside of China.

Wilsons says Canaccord Genuity has a price target of $22 on the company, compared with the current price of $18.89.

Lynas just this week announced a major supply agreement with the US Department of War, involving US$96 million in rare earth oxide offtake and a US$110/kg floor price for NdPr.

Wilsons says Canaccord also has a buy rating on Iluka Resources Ltd (ASX: ILU) and a price target of $6.55 against the current price of $6.03.

Among the project developers, Canaccord has a speculative buy on both Brazilian Rare Earths Ltd (ASX: BRE) and Meteoric Resources Ltd (ASX: MEI).

The price target for Brazilian Rare Earths is $8, against the current price of $4.20, and for Meteoric Resources, 40 cents, compared with 16.5 cents.  

The post 4 cheap Aussie rare earths companies which are worth a look, according to Wilsons Advisory appeared first on The Motley Fool Australia.

The outperforming miner in question is Brazilian Rare Earths Ltd (ASX: BRE).

Brazilian Rare Earths shares are taking a tumble alongside most ASX miners today, with shares down a sharp 8.5% at $4.30 each.

Despite that retrace, shares in the ASX All Ords rare earths stock remain up an impressive 138.9% since this time last year.

Or enough to turn a $5,000 investment into $11,944.

The company has been benefiting from its own exploration and mining successes in Brazil, as well as the West's push to secure reliable rare earths supplies outside of China, which remains the world's dominant producer.

As you likely know, rare earths are critical in most modern technologies, including military defence equipment and machinery, smart phones, and wind turbines.

And despite the outsized one-year returns, the team at Argonaut expect more outperformance from Brazilian Rare Earths shares in the year ahead.

Here's why.

ASX All Ords rare earths stock tipped for further outsized gains

Brazilian Rare Earths released its second quarter update on 29 January.

Among the highlights for the three months to 31 December, the ASX rare earths miner announced a JORC-Compliant Mineral Resource and Scoping Study for its 100%-owned Amargosa Bauxite-Gallium Project, located in Brazil.

The quarter also saw the miner enter into a long-term partnership with Carester, a rare earth processing company specialising in the design, commissioning and optimisation of rare earth separation facilities around the world.

Commenting on the quarterly update, Argonaut analyst George Ross said:

BRE reported Amargosa Bauxite Project scoping study outcomes for a 17-year, 5mtpa project, capable of average annual free-cashflow of US$84m at a US$71/t product price. The operation is expected to cost US$119m to first production and generates an NPV8 of US$630m. BRE intends to spin out the project into its own listed entity.

Following a recent A$120m capital raising, BRE retained A$162m in cash at the end of December. A strategic partnership with processor Carester inclusive of heavy rare earth element (REE) feedstock offtake will provide BRE with technical support for its planned downstream aspirations.

The broker has a speculative buy recommendation on the ASX All Ords rare earths stock and a $5.80 price target.

That represents a potential upside of just under 35% from current levels.

The post Up 139% in a year, why this buy rated ASX All Ords rare earths stock could keep racing higher appeared first on The Motley Fool Australia.

The good news is that these conditions are expected to remain for the foreseeable future, which could make it worth having some exposure to ASX rare earths stocks.

The team at Wilsons has been looking at this side of the market and is feeling very positive. It said:

The rare earth market is benefiting from a powerful combination of structural demand growth, constrained supply and increasing policy support for ex-China supply chains. These dynamics are expected to support elevated rare earth prices while also strengthening demand for, and the pricing outcomes of, Western supply in particular.

But which shares could be buys for rare earths exposure? Let's take a look at three that Canaccord Genuity is bullish on, courtesy of Wilsons. They are as follows:

Brazilian Rare Earths Ltd (ASX: BRE)

Canaccord Genuity thinks investors with a high tolerance for risk should look at this rare earths developer.

It has put a speculative buy rating and $8.00 price target on this Brazil-focused ASX rare earths stock. Based on its current share price of $4.70, this implies potential upside of 70% for investors over the next 12 months. It said:

Highest grades we have come across at the Monte Alto discovery in Brazil – partnership with Carester, upcoming Resource/ Scoping for integrated oxide production + bauxite spinout offer potential catalysts.

Iluka Resources Ltd (ASX: ILU)

Another ASX rare earths stock that is highly rated is Iluka. Although its mineral sands business is weighing on its performance, its exposure to rare earths with the Eneabba project is seen as a reason to buy.

Canaccord Genuity has a buy rating and $6.55 price target. However, this is largely in line with where its shares currently trade.

Commenting on the stock, the broker said:

Mineral sands business suffering from structural issues, but Eneabba provides medium-term exposure + a possible beneficiary of Australian Critical Minerals Reserve floor pricing.

Meteoric Resources NL (ASX: MEI)

A final ASX rare earths stock that gets the thumbs up from the broker is Meteoric Resources.

Canaccord Genuity has put a speculative buy rating and 40 cents price target on its shares. This is more than double its current share price.

Commenting on the Brazil-based developer, it said:

Low capex/low cost IAC development project in Brazil approaching major milestones (BFS/approvals/ funding/FID) in mid'26.

The post Top broker names 3 ASX rare earths stocks to buy appeared first on The Motley Fool Australia.

Four ASX shares rising more than most today are listed below. Here's why they are pushing higher:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 7% to $5.53. This morning, this rare earths developer announced new exploration results at the Sulista Project in Brazil. The company revealed that its latest exploration campaign has delivered excellent results across multiple targets, materially expanding the Sulista mineralised footprint and reinforcing Sulista East as the anchor deposit within a rapidly growing district-scale rare earth development opportunity. Brazilian Rare Earths' CEO and managing director, Bernardo da Veiga, commented: "Together, these results strengthen the basis for our near-term scoping study and support our hub-and-spoke development strategy across the Rocha da Rocha Province."

Lynas Rare Earths Ltd (ASX: LYC)

The Lynas Rare Earths share price is up over 12% to $19.95. After the market close on Tuesday, this rare earths giant announced a revised long-term supply agreement with JARE, extending to 2038 and establishing a firm offtake for 5,000 tonnes of NdPr per year at a US$110/kg price floor. Lynas' CEO and managing director, Amanda Lacaze, said: "We are delighted that the revised 12-year availability and supply agreement with JARE will support both Japanese industry and the continued growth and development of Lynas. This new agreement will ensure continued reliable supply of rare earth products that are strategically important to Japanese industry and its global market, and at the same time, the implementation of fair market pricing will reduce price volatility for Lynas and enable continued growth and investment in our operations."

Macquarie Technology Group Ltd (ASX: MAQ)

The Macquarie Technology share price is up 5% to $65.95. This morning, Macquarie Technology revealed that it has secured a $200 million hybrid investment from the government-backed National Reconstruction Fund Corporation. It notes that this funding will support the company's development of sovereign cyber security and cloud services for critical industries and government.

Ora Banda Mining Ltd (ASX: OBM)

The Ora Banda Mining share price is up 18% to $1.38. This has been driven by the release of an update on the miner's Round Dam gold deposit in Western Australia. Management revealed that its new mineral resource is 25.6Mt at 1.6g/t for 1.330 million ounces. This is up materially from 125,000 ounces previously. Ora Banda's managing director, Luke Creagh, said: "We are incredibly excited by the potential of Round Dam to become a substantial mining operation, as the company continues to advance its study work into the construction of a standalone ~3mtpa processing facility at Davyhurst."

The post Why Brazilian Rare Earths, Lynas, Macquarie Technology, and Ora Banda shares are pushing higher today appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are racing higher:

Amcor PLC (ASX: AMC)

The Amcor share price is up 5% to $66.19. Investors have been buying the packaging giant's shares following the release of its quarterly update. Amcor reported second quarter net sales of US$5,449 million and adjusted EBITDA of US$826 million. This was an increase of 68% and 83%, respectively, over the prior corresponding period. Amcor's CEO, Peter Konieczny, said: "Our Q2 financial performance was in line with expectations in a challenging volume environment. Strong Adjusted EPS growth was driven by disciplined execution and synergy benefits from the Berry acquisition at the upper end of expectations."

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 3% to $4.04. This has been driven by the release of exceptional results from a sensor-based ore sorting test work program. The company's managing director and CEO, Bernardo da Veiga, said: "These exceptional ore sorting results from run-of-mine Monte Alto feedstock have exceeded all our expectations. They demonstrate that sensor-based concentration can significantly enhance project economics with +95% yields at lower capital and operating costs, whilst simultaneously reducing environmental footprint through lower energy, minimal water and no reagents."

Northern Star Resources Ltd (ASX: NST)

The Northern Star share price is up 6% to $28.54. Investors have been buying this gold miner's shares following a strong rebound in the gold price overnight. The precious metal recovered above the symbolic US$5,000 an ounce level. Northern Star isn't the only gold miner rising on the news. The S&P/ASX All Ordinaries Gold index is up 3.5% at the time of writing.

Pinnacle Investment Management Group Ltd (ASX: PNI)

The Pinnacle share price is up 3% to $17.75. Although the investment company reported an 11% decline in net profit after tax to $67.3 million during the first half, this was due to weaker performance fees. Excluding them, net profit after tax would have been 37% higher than the prior corresponding period. Pinnacle's managing director, Ian Macoun, said: "We have made deliberate efforts over several years to diversify and expand our platform, both organically and through careful inorganic growth, believing that doing so provides us with greater robustness, wider relevance to our clients and more avenues to continue growing our earnings. We recall the very large performance fee contribution from Hyperion in the first half of FY25, which was an exceptional outcome."

The post Why Amcor, Brazilian Rare Earths, Northern Star, and Pinnacle shares are racing higher today appeared first on The Motley Fool Australia.

In morning trade, the ASX rare earths stock is up by a sizeable 10% to $4.29.

This compares favourably to the performance of the benchmark ASX 200 index today. At the time of writing, it is down 0.15%.

Why is this ASX rare earths stock jumping?

The catalyst for this strong gain has been the release of exceptional results from a sensor-based ore sorting test work program.

According to the release, the test work confirms its suitability for Monte Alto's beneficiation process flowsheet.

The independent test program successfully demonstrated the enrichment of run-of-mine rare earth mineralisation from Monte Alto to a product that is ready for direct hydrometallurgical rare earth extraction.

Importantly, it believes this can unlock significant economic benefits compared to traditional chemical flotation or bulk processing methods. It notes that by efficiently removing gangue materials, multi-sensor ore sorting has the potential to increase effective run-of-mine grade by a factor of 1.3x–1.7x, lower capital and operating costs, and reduce environmental and permitting risks.

Commenting on the news, the ASX rare earths stock's managing director and CEO, Bernardo da Veiga, said:

These exceptional ore sorting results from run-of-mine Monte Alto feedstock have exceeded all our expectations. They demonstrate that sensor-based concentration can significantly enhance project economics with +95% yields at lower capital and operating costs, whilst simultaneously reducing environmental footprint through lower energy, minimal water and no reagents.

Our metallurgical programs are designed to maximise the value of Monte Alto's ultra-high grade rare earth, uranium, scandium, niobium, and tantalum mineralisation. These ore sorting results build on our previous metallurgical programs with the Australian Nuclear Science and Technology Organisation (ANSTO) and provide a pathway for world-leading mineral-to-product yields.

He then adds:

Rare earth projects are typically characterised by low head grades and complex, high-cost processing flowsheets. Monte Alto's ultra-high grades can deliver a beneficiated product at grades that are suitable for direct hydrometallurgical processing. BRE will now progress flowsheet design, targeting a multi-sensor system capable of processing 100% of Monte Alto's run-of-mine material at +95% yields.

Following today's move higher, the Brazilian Rare Earths share price has now risen by 95% since this time last year and more than doubled in value since mid-August.

The post Which ASX rare earths stock is up 10% on big news? appeared first on The Motley Fool Australia.

Four ASX shares that are rising more than most today are listed below. Here's why they are storming higher:

Brazilian Rare Earths Ltd (ASX: BRE)

The Brazilian Rare Earths share price is up 7.5% to $3.98. This follows the release of the results of a scoping study for its bauxite project. The study was very successful and estimates that it will generate average EBITDA of US$102 million and free cash flow (FCF) of US$84 million per annum over a 17-year life. This is based on a spot bauxite price of US$71 per tonne. This means the project is forecast to have an after-tax net present value (8%) of US$630 million and a payback of 1.2 years. Brazilian Rare Earths also confirmed that it continues to target a demerger of the asset into a separate listing in 2026.

Fenix Resources Ltd (ASX: FEX)

The Fenix Resources share price is up 13% to 49.2 cents. This morning, this iron ore miner released its three-year production plan. After delivering production of 2.4Mt in FY 2025, it is now aiming to increase this materially over the next three years thanks to the Weld Range Project. Fenix is targeting production of 4.2 to 4.8 million tonnes in FY 2026, 4.7 to 5.3 million tonnes in FY 2027, and then 5.4 to 6 million tonnes in FY 2028. The miner also reaffirmed its FY 2026 cost guidance of A$70 to A$80 per tonne, with sustaining capital for the three-year period estimated at $35 million to $45 million.

Flight Centre Travel Group Ltd (ASX: FLT)

The Flight Centre share price is up over 5% to $14.73. This follows news that the travel agent giant is making an acquisition. Flight Centre plans to acquire the United Kingdom-based online cruise agency Iglu for 100 million pounds (A$201 million) upfront. There will also be 27 million pounds (A$54 million) in performance-based earnouts. Flight Centre's managing director, Graham Turner, said: "This acquisition delivers immediate shareholder value through EPS accretion and is a game-changer in terms of the future opportunities it unlocks in the global cruise market. Iglu brings a strong brand and a scalable technology platform that aligns with FLT's strategic objectives."

Guzman Y Gomez Ltd (ASX: GYG)

The Guzman Y Gomez share price is up 3% to $21.87. This appears to have been driven by a broker note out of Morgans this morning. According to the note, in response to its latest limited time offer, the broker has reaffirmed its buy rating and $32.30 price target on the burrito seller's shares. It said: "The product leverages existing ingredients, meaning no incremental complexity or cost for stores, a margin-friendly innovation that aligns with GYG's operational discipline. Management has repeatedly emphasised that menu innovation is a key lever for same-store sales (SSS) growth, and this launch reinforces that commitment. We reiterate our BUY rating."

The post Why Brazilian Rare Earths, Fenix Resources, Flight Centre, and Guzman Y Gomez shares are storming higher today appeared first on The Motley Fool Australia.