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IMCBullishIndustry Newsnews
High materiality7/10

IMC Reports High-Grade Yttrium Zones at Itarantim, Potential New Product

Oct 29, 2026, 2:18 PM EDT1 sourcesAI-analyzed
Why it may matterVerify against the original reporting

High-grade, yttrium-rich zones and a sizable TREO share boost IMC's potential product scope; however, results are early-stage and contingent on further drilling and metallurgical confirmation, which historically leads to volatility until resources are defined.

AI summary

What happened, with direct paths to the underlying reporting

IMC Rare Earths reported two high-grade yttrium zones at the Itarantim project in Brazil. Block H delivered 7 meters with peak 3,099 ppm Y2O3 and Block D showed 13 meters at 1,287 ppm Y2O3, with 84% estimated yttrium extraction in the strongest interval. The results are exploratory and require further drilling and metallurgical testing to assess commercial potential.

  • Two high-grade yttrium zones found at Itarantim; Block H shallow, Block D deeper.
  • Block H: 7 m at 2,052 ppm Y2O3; peak 3,099 ppm.
  • Block D: 13 m at 1,287 ppm Y2O3; 9 m at 982 ppm with ~84% Y extraction estimated.
  • Yttrium makes up 36% TREO at Block H and 26% at Block D.

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