St George Mining Ltd (ASX:SGQ) executive chairman John Prineas talked with Proactive’s Tylah Tully about the company's latest milestone — securing a strategic partnership with Shandong Xinhai Mining Technology & Equipment Inc (Xinhai) for the Araxá Niobium-REE Project in Brazil. Prineas discussed the significance of acquiring the Araxá Project, an advanced niobium-REE asset with existing drilling and an established resource. He highlighted the project's location next to CBMM, the world leader in niobium production, and emphasised its strong infrastructure and workforce access. The partnership with Xinhai, a global leader in mining engineering, is a key step forward. "The best thing is they're putting their money where their mouth is with an $8 million investment in St George," Prineas said. Xinhai will support plant design, process optimisation and securing non-dilutive funding for project development. Looking ahead, St George Mining expects to finalise the acquisition after an extraordinary general meeting Tuesday, next week. The company plans to expand drilling, advance metallurgical studies, and accelerate development toward production. #StGeorgeMining #Niobium #RareEarths #MiningInvestment #ASX #Xinhai #Minerals #CriticalMetals #BatteryMetals #MiningNews