CommoditiesMedium•8 October 2026•
1 min read
IMC Rare Earths Discovers High-Grade Terbium Zone at Brazil Project
Key Facts
1IMC Rare Earths announced a new high-grade, terbium-rich ionic clay discovery at Block H of its Itarantim project in Brazil.
2The new discovery lies beyond the existing 1.1 billion tonne resource, with mineralization starting just two meters below the surface.
IMC Rare Earths announced a new high-grade, terbium-rich ionic clay discovery at Block H of its Itarantim project in Brazil. According to a statement released via PR Newswire, the discovery lies beyond the company's existing 1.1 billion tonne resource, with mineralization starting just two meters below the surface.
IMC closed at $6.98 on October 7, 2026, prior to the announcement of the exploration results which indicate potential for resource expansion. During the October 7 session, the stock reached a high of $8.1 and a low of $6.71.