Serra Verde joins Minerals Security Partnership

Strategic partnership

Serra Verde Group made a press release where it informs that it joined the Minerals Security Partnership (MSP), which recognizes Serra’s critical role in the global energy transition. As the only large-scale producer outside of Asia for the four essential rare earth elements (REEs) needed for efficient permanent magnets, Serra Verde Group is providing a reliable, responsible, and low-carbon supply to diversify global supply chains. These REEs are crucial for electric motors, EVs, wind turbines, and other key technologies.

$150M investment

Serra Verde Group also announced that The Energy and Minerals Group, Vision Blue, and Denham Capital Management have invested $150M to support operational enhancements, debottlenecking initiatives, and long-term growth. This investment should allow Serra Verde Group to become the most sustainable REE supplier globally.

By using low-risk open mining and eco-friendly processing in Brazil, coupled with renewable energy and biofuels, Serra’s operations are built for sustainability. With plans to increase Phase I capacity and potential Phase II expansion by 2030, it should be committed to powering the clean energy transition.

Rare earth supply chains

Thras Moraitis, Serra Verde Group CEO has stated “This endorsement highlights the vital role Serra Verde plays in securing sustainable, diversified rare earth supply chains for the global energy transition. We have ambitious plans, and this investment will help us accelerate growth and innovation.”

Feature Image Source: Serra Verde official webpage