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Brazilian Rare Earths’ Amargosa Bauxite-Gallium Project to Be Demerged as Alurion Resources Limited

GlobeNewswire - Press Release

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SYDNEY, May 18, 2026 (GLOBE NEWSWIRE) -- Brazilian Rare Earths Limited (ASX:BRE) (OTCQX: BRELY / BRETF) is pleased to announce its intention to demerge its 100%-owned Amargosa Bauxite–Gallium Project (Amargosa) into a newly formed ASX-listed company, Alurion Resources Limited (Alurion, or ALU).

Read more at globenewswire.com

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Related Symbols

Symbol Last Chg %Chg
BRE.AX 4.240 +0.110 +2.66%
Brazilian Rare Earths Ltd
BRELY 14.6000 -1.1000 -7.01%
Brazilian Rre Erths ADR
BRETF 3.3400 +0.4900 +17.19%
Brazilian Rare Earths Ltd

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