Stocks and Sips - St George Mining (ASX:SGQ)

At our latest Stocks and Sips event, we welcomed John Prineas, Executive Chairman of St George Mining (ASX:SGQ), for an in-depth discussion hosted by Sharewise CEO Alex Perry.

The discussion explored St George Mining’s strategic outlook and the development pathway for the Araxá rare earth–niobium project in Brazil, a world-class asset already comparable in grade and scale to the largest rare earth producers outside China, including Lynas’ Mt Weld mine in Western Australia and MP Materials’ Mountain Pass mine in California. John shared insights on:

• What differentiates Araxá from other global rare earth assets as development progresses.
• How the project positions itself competitively from a cost and scale perspective among established producers.
• The role of the niobium resource alongside rare earths, and how it contributes to the project’s overall value proposition.
• Key development milestones expected over the next 12–18 months as studies and exploration advance.
• How St George is thinking about processing pathways and downstream capabilities as the project moves toward its next stage.
• The company’s approach to funding, strategic partnerships, and commercial relationships as the project progresses.
• The growing global interest in securing rare earth supply outside of China, and the role Araxá could play in that evolving supply chain.
• How the company plans to create and communicate shareholder value during the long development cycle typical of large-scale resource projects.

The conversation concluded with John sharing his perspective on the long-term potential of Araxá and why he believes the project represents a compelling opportunity within the global rare earth sector.

Guests enjoyed an open bar, gourmet food, and networking with fellow investors and professionals, as the discussion continued well into the evening at the Sharewise office.