FOR IMMEDIATE RELEASE
U.S. Chamber of Commerce for Minorities Announces Major Investment Opportunity in Brazil
South Atlantic Zirconium and Titanium Mine Sale
Washington, D.C. — September 28, 2026

The U.S. Chamber of Commerce for Minorities is pleased to announce a significant international business and investment opportunity in Brazil, focused on the acquisition of a minority equity interest in a critical-minerals project in southern Brazil.
The Chamber’s announcement describes the opportunity as being in collaboration with the Business Office of the U.S. Department of State. The Chamber says it is sharing the information with qualified companies and investors interested in mining, critical minerals, industrial supply chains, aerospace, defense, and advanced manufacturing.
“It is our mission to facilitate, connect, and participate in opportunities that can generate prosperity for our members and strategic partners. This particular opportunity is highly sensitive and significant in value, and we are sharing the information so that qualified members can explore it with appropriate professional and technical guidance.”
— Doug Mayorga, Chamber’s president
Opportunity Overview
- Project
- South Atlantic Zirconium and Titanium Mine Sale
- Opportunity type
- Outbound investment / acquisition of a minority equity stake
- Industry
- Mining / critical minerals
- Location
- Rio Grande do Sul, Brazil
- Equity interest offered
- 20 percent
According to the opportunity information provided for the project, Rio Grande Mineração (RGM) is seeking non-binding bids by November 16, 2026, at 12:00 p.m. EST, for the acquisition of a 20-percent stake in its South Atlantic Project, a shovel-ready titanium and zircon mining project in southern Brazil.
Project Highlights
According to the opportunity materials:
- Approximately 771 million tons of JORC-validated mineral resources.
- Approximately 3.0 percent heavy minerals, primarily ilmenite and zircon.
- A shovel-ready project with licensing and permitting described as complete.
- A proposed mining method based on dredge mining and gravity-based wet concentration.
- Estimated production of approximately 660,000 tons annually.
- An assessed mine life of 16+ years.
Bid Deadline
November 16, 2026
12:00 p.m. EST
This deadline is for non-binding bids stated in the opportunity information; it is not an event time.
This opportunity is intended for qualified companies, investors, institutional participants, and strategic partners with an interest in critical minerals and international investment.
Official Contacts Listed in the Opportunity Materials
Rio Grande Mineração (RGM)
Philip Murphy, CEO
[email protected]
U.S. Embassy Brasília
Chenoa Lee
[email protected]
U.S. Embassy Brasília
James Ermarth
[email protected]
Technical Assistance
[email protected]
WhatsApp: 202.250.0260
Website: www.minoritychamber.net
More details: https://lnkd.in/e8vsBAen
Project figures and descriptions above are attributed to the opportunity materials provided. Prospective participants should request and review the current transaction, technical, licensing, and bid documents before acting.

