St George Mining (ASX:SGQ) has reached a corporate milestone with its inclusion in the S&P/ASX All Ordinaries Index, effective March 23.
The addition follows a period of rapid growth and high-grade exploration success at the company's flagship Araxá Rare Earths-Niobium Project in Minas Gerais, Brazil.
The inclusion is expected to significantly broaden the company’s investor profile and improve share liquidity by attracting interest from index-tracking funds and institutional investors.
The market recognition comes on the heels of a massive 75% resource upgrade at Araxá, which has solidified the project's status as a Tier-1 global asset.
The updated mineral resource estimate now stands at 70.91Mt @ 4.06% total rare earth oxides, including a high-grade measured and indicated component.
The deposit remains open at depth and laterally, with recent drilling intercepts such as 81.5m at 1.27% Nb_2O_5 further highlighting the world-class potential of the site.
To accelerate development, St George has established strategic downstream alliances, including a recent memorandum of understanding with Tecnicas Reunidas to test proprietary processing technologies.
Executive Chairman John Prineas stated that the All Ordinaries inclusion validates the company’s strategy to become a "globally significant" producer of critical minerals.
At the time of reporting, St George Mining’s share price was $0.11.