Investors & strategic partners
Building value through progressive project de-risking
MBR is advancing the Natércia Critical Minerals Project through a disciplined development strategy integrating geology, permitting, process technology, infrastructure and progressive downstream integration.
PDF to be published.
Natércia development thesis
A differentiated critical-minerals development platform
~8.75 Mt
Preliminary geological inventory
Material scale indicated by the current geological model, subject to further geological definition and formal resource classification.
Ni · Co · Mg
Polymetallic system
Multiple mineral components supporting an integrated value-development strategy.
Heap leaching
Core processing platform
A process architecture centered on heap leaching and selective downstream recovery.
Multiple products
Value optionality
MHP and magnesium products, with a development pathway toward higher-value nickel and cobalt products.
Project de-risking
Development supported by tangible progress
Geology
Drilling, geological interpretation and a preliminary geological inventory have established the current geological foundation, with additional definition planned.
Permitting
Environmental licensing has been obtained for the mining and dry mineral processing development stage at the project's current reference scale.
Process development
A heap-leach-based hydrometallurgical route is under progressive validation, including MHP production during process-development testwork.
Infrastructure
Existing industrial infrastructure in Minas Gerais provides a physical platform for progressive pilot-scale development.
Value creation
One mineral system. Multiple value streams.
Ni–Co stream
- Heap Leaching
- PLS
- MHP
- Future Downstream Refining
- NiSO₄ / CoSO₄
Mg stream
- Process Solution
- Mg Recovery
- MgSO₄ Products
Development path
Progressive project de-risking
Geology
Advanced
Mining & dry processing permitting
Achieved
Process development
Advancing
Pilot validation
Next development stage
Resource definition
Progressive advancement
Engineering & scale-up
Future stage
Industrial development
Future stage
Strategic collaboration
Building the project with the right partners
Strategic capital
Capital structures aligned with progressive project development and long-term value creation.
Industrial & offtake
Potential collaboration around critical-mineral products, market development and downstream integration.
Technology & development
Technical and institutional collaboration supporting process validation, engineering and scale-up.
Strategic discussions
Building the next stage of Natércia
MBR welcomes discussions with qualified investors, industrial groups, technology partners and potential offtakers interested in the development of Brazilian critical-mineral value chains.
PDF to be published.
The ~8.75 Mt figure represents a preliminary geological inventory derived from MBR's current geological model and available drilling information. It has not been classified as a Mineral Resource or Mineral Reserve under CBRR, JORC or equivalent reporting standards. Further drilling, geological validation and appropriate technical work are required before formal resource classification.