Si6 Metals has entered a joint venture with Foxfire Metals to acquire a 50% interest in a portfolio of Brazilian lithium and rare earths projects, subject to a 30-day due diligence period. The package spans five granted tenements and five applications across four project areas and 17,000 hectares in three states, prospective for lithium, rare earths, gold, base metals and PGEs. Three granted tenements and four applications sit in Minas Gerais — one within 20km of Sigma Lithium's 85.6Mt Grota do Cirilo project, two applications neighbouring Meteoric Resources' ionic clay rare earths discovery, and another roughly 20km north of Latin Resources' Salinas lithium project — with the remainder in Ceará and Amazonas. Read the full article for executive director Jim Malone on the opportunity and how the Brazilian ground would sit alongside Si6's Maibele and Monument projects.

Si6 Metals lands Brazilian lithium, rare earths portfolioMinerals explorer Si6 Metals will dive into some due diligence after entering into a joint venture and agreeing to acquire a 50 per cent interest in a portfolio of Brazilian lithium and rare earths projects. Management says the deal with Foxfire Metals is subject to a 30-day due diligence period and covers five tenements and five applications across four different project areas in Brazil.https://www.businessnews.com.au/article/Si6-Metals-lands-Brazilian-lithium-rare-earths-portfolio