VMM Appoints Sedgman / Blossom as EPCM Partner for Colossus

Key points

• Viridis Mining selects Sedgman/Blossom as EPCM partner for Colossus
• Initial EPCM activities commence ahead of Final Investment Decision
• Focus on achieving targeted 2028 production for rare earths

Full summary

Viridis Mining and Minerals Limited has appointed Sedgman Pty Limited and Blossom Consultoria e Assessoria S.A as the preferred Engineering, Procurement, and Construction Management (EPCM) partner for the Colossus Rare Earth Project. This appointment follows a comprehensive competitive tender and technical evaluation process. The Sedgman/Blossom team combines international project execution and engineering capabilities with established local engineering presence in Brazil. Initial EPCM activities will commence immediately, aiming to progress detailed engineering towards design freeze, finalize execution and procurement planning, and manage long-lead equipment packages. This front-end engineering maturity is intended to de-risk the project schedule and enable a rapid transition into full execution following the Final Investment Decision. The strategic importance of achieving production in 2028 is highlighted, as it would position Colossus as a significant new source of diversified supply of both light and high-value heavy rare earths.