Brazilian Rare EARTHS (ASX:BRE) Insider Todd Hannigan Purchases 1,185,313 Shares

Brazilian Rare EARTHS Ltd (ASX:BRE) insider Todd Hannigan purchased 1,185,313 shares of the stock in a transaction dated Thursday, January 29th. The shares were acquired at an average cost of A$3.96 per share, with a total value of A$4,693,839.48.

Brazilian Rare EARTHS Stock Performance

Brazilian Rare Earths Limited (ASX: BRE) is an Australian-listed exploration and development company focused on rare earth element (REE) projects in Brazil. The company is principally engaged in identifying, exploring and advancing mineral prospects that host light and heavy rare earths, with the objective of progressing projects through target definition, drilling and resource evaluation toward potential development.

Brazilian Rare Earths’ activities typically include geological mapping, sampling, geophysical surveying, drilling programs and preliminary metallurgical test work aimed at defining mineralisation and assessing the potential recoverability of rare earth concentrates.