{ "schema_version": "1.0.0", "ticker": "BRE", "company_name": "Brazilian Rare Earths Limited", "cutoff_date": "2026-11-01", "reviewed_at": "2026-11-06", "coverage_note": "Latest reviewed registered-holder list is the issuer’s top-20 ordinary-share register measured 12 March 2026. Separate substantial-holder positions use each latest supported disclosure; registered accounts and beneficial/reporting groups overlap and must not be added. Review cutoff is 1 November 2026; this is not a live beneficial-owner register.", "register": { "as_of_date": "2026-03-12", "issued_shares": 275811885, "source_ids": [ "annual-report-2026" ], "holders": [ { "holder_id": "citicorp-nominees-20260312", "name": "CITICORP NOMINEES PTY LIMITED", "classification": "nominee_custodian", "shares": 57641427, "percentage": 20.9, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "hsbc-custody-nominees-20260312", "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED", "classification": "nominee_custodian", "shares": 26292347, "percentage": 9.53, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "acn-664400382-no-space-20260312", "name": "ACN 664 400382 PTY LTD", "classification": "reporting_group", "shares": 23097488, "percentage": 8.37, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Retained as a separate disclosed register row. The annual report also has a second row whose ACN formatting differs only by spaces; the table provides no reconciliation, so rows are not merged." ] }, { "holder_id": "metal-mining-ventures-20260312", "name": "METAL MINING VENTURES LTD", "classification": "direct_holder", "shares": 18973524, "percentage": 6.88, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Annual-report table reports this registered account; a separate January 2026 substantial-holder filing records Paulo Roberto Santoro Salomao as sole director and shareholder of Metal Mining Ventures Ltd, but does not reconcile the annual-report share count to the later filing." ] }, { "holder_id": "dominic-allen-westoz-20260312", "name": "DOMINIC PAUL ALLEN ", "classification": "direct_holder", "shares": 13480423, "percentage": 4.89, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] }, { "holder_id": "kitabella-trust-20260312", "name": "KITABELLA PTY LTD ", "classification": "direct_holder", "shares": 13099736, "percentage": 4.75, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] }, { "holder_id": "bernardo-da-veiga-20260312", "name": "BERNARDO SANCHEZ AGAPITO DA VEIGA", "classification": "direct_holder", "shares": 12744317, "percentage": 4.62, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Register row date is 12 March; later Form 603 and updated Appendix 3Y are reflected separately in substantial_holders, not back-written to this register." ] }, { "holder_id": "acn-664400382-spaced-20260312", "name": "ACN 664 400 382 PTY LTD", "classification": "unknown", "shares": 11168290, "percentage": 4.05, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Retained as a separate disclosed register row. The annual report also has a second row whose ACN formatting differs only by spaces; the table provides no reconciliation, so rows are not merged." ] }, { "holder_id": "bnp-paribas-noms-20260312", "name": "BNP PARIBAS NOMS PTY LTD", "classification": "nominee_custodian", "shares": 8047329, "percentage": 2.92, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "ubs-nominees-01-20260312", "name": "UBS NOMINEES PTY LTD (rank 10 row)", "classification": "nominee_custodian", "shares": 7985556, "percentage": 2.9, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "The register prints UBS NOMINEES PTY LTD at rank 10; display suffix disambiguates a second separately listed row.", "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "anastasios-arima-20260312", "name": "MR ANASTASIOS ARIMA", "classification": "direct_holder", "shares": 7140115, "percentage": 2.59, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] }, { "holder_id": "jpm-nominees-20260312", "name": "J P MORGAN NOMINEES AUSTRALIA PTY LIMITED", "classification": "nominee_custodian", "shares": 6263010, "percentage": 2.27, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "rare-earths-americas-20260312", "name": "RARE EARTHS AMERICAS LTD", "classification": "direct_holder", "shares": 5024600, "percentage": 1.82, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] }, { "holder_id": "ubs-nominees-02-20260312", "name": "UBS NOMINEES PTY LTD (rank 14 row)", "classification": "nominee_custodian", "shares": 5000000, "percentage": 1.81, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "The register prints UBS NOMINEES PTY LTD at rank 14; display suffix disambiguates a separately listed row.", "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "warbont-unpaid-entrepot-20260312", "name": "WARBONT NOMINEES PTY LTD ", "classification": "nominee_custodian", "shares": 4863857, "percentage": 1.76, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "antonio-quinteiro-20260312", "name": "ANTONIO MARCOS QUINTEIRO", "classification": "direct_holder", "shares": 2928000, "percentage": 1.06, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] }, { "holder_id": "ubs-nominees-03-20260312", "name": "UBS NOMINEES PTY LTD (rank 17 row)", "classification": "nominee_custodian", "shares": 2928000, "percentage": 1.06, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "The register prints UBS NOMINEES PTY LTD at rank 17; display suffix disambiguates a separately listed row.", "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "bnp-paribas-ib-retail-20260312", "name": "BNP PARIBAS NOMINEES PTY LTD ", "classification": "nominee_custodian", "shares": 2444283, "percentage": 0.89, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "bnp-paribas-agency-lending-20260312", "name": "BNP PARIBAS NOMINEES PTY LTD ", "classification": "nominee_custodian", "shares": 2180645, "percentage": 0.79, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [ "Repeated legal name/account rows are retained separately exactly as disclosed; the annual report does not identify underlying beneficial owners for this row.", "Nominee/custodian account; beneficial owner is not identified in the cited register." ] }, { "holder_id": "mdh-pty-20260312", "name": "MDH PTY LTD", "classification": "direct_holder", "shares": 2003750, "percentage": 0.73, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": null, "source_ids": [ "annual-report-2026" ], "notes": [] } ] }, "substantial_holders": [ { "holder_id": "citicorp-substantial-20260312", "name": "CITICORP NOMINEES PTY LIMITED", "classification": "nominee_custodian", "shares": 57641427, "percentage": 20.9, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "Nominee/custodian named in issuer’s table of substantial shareholders as last notified to ASX; underlying beneficial owner is not established here.", "source_ids": [ "annual-report-2026" ], "notes": [ "Issuer table of substantial shareholders as last notified to ASX on 12 March 2026. This disclosure overlaps the separate registered-account table." ] }, { "holder_id": "hsbc-substantial-20260312", "name": "HSBC CUSTODY NOMINEES (AUSTRALIA) LIMITED", "classification": "nominee_custodian", "shares": 26292347, "percentage": 9.53, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "Nominee/custodian named in issuer’s table of substantial shareholders as last notified to ASX; underlying beneficial owner is not established here.", "source_ids": [ "annual-report-2026" ], "notes": [ "Issuer table of substantial shareholders as last notified to ASX on 12 March 2026. This disclosure overlaps the separate registered-account table." ] }, { "holder_id": "whitehaven-group-substantial-20260312", "name": "A.C.N. 664 400 382 PTY LTD AND MEMBERS OF THE WHITEHAVEN COAL LIMITED GROUP", "classification": "reporting_group", "shares": 23097488, "percentage": 8.37, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "Group label as reported by BRE; no global registry identity link added.", "source_ids": [ "annual-report-2026" ], "notes": [ "Issuer table of substantial shareholders as last notified to ASX on 12 March 2026. Do not combine with the separate register entry whose spelling differs only by spaces." ] }, { "holder_id": "metal-mining-substantial-20260312", "name": "METAL MINING VENTURES LTD (PAULO ROBERTO SANTORO SALOMAO)", "classification": "reporting_group", "shares": 18973524, "percentage": 6.88, "percentage_basis": "issued_shares", "as_of_date": "2026-03-12", "investor_id": null, "identity_note": "Paulo Roberto Santoro Salomao was reported as the sole director and shareholder of Metal Mining Ventures Ltd in the 22 January 2026 Form 604; not in the global registry.", "source_ids": [ "annual-report-2026", "metal-mining-form604-2026" ], "notes": [ "Issuer table of substantial shareholders as last notified to ASX on 12 March 2026 reports 18,973,524 shares (6.88%), after the January sale disclosed in the Form 604." ] }, { "holder_id": "bernardo-da-veiga-substantial-20260528", "name": "BERNARDO DA VEIGA / DTQ (BVI) LIMITED", "classification": "reporting_group", "shares": 13980345, "percentage": 4.99, "percentage_basis": "issued_shares", "as_of_date": "2026-05-28", "investor_id": null, "identity_note": "Bernardo da Veiga controls DTQ (BVI) Limited; updated Appendix 3Y says his beneficial interest was unchanged by the 22 May transfer.", "source_ids": [ "bernardo-form603-2026", "bernardo-updated-3y-july2026" ], "notes": [ "Form 603 reports 5.01% voting power and 13,980,345 ordinary shares on 9 April 2026 after vesting/conversion of 1,236,028 options. Updated Appendix 3Y reports the same 13,980,345 shares after the 28 May register transfer to controlled DTQ (BVI) Limited. The later notice does not restate voting power.", "Percentage calculated by the reviewer, not disclosed: 13,980,345 shares / 280,153,716 ordinary shares on issue at 2026-04-27 (Appendix 2A) = 4.99% of issued shares." ], "percentage_calculation": { "issued_shares": 280153716, "as_of_date": "2026-04-27", "source_ids": [ "shares-on-issue-2026-04-27" ] } } ], "sources": [ { "source_id": "annual-report-2026", "title": "Annual Report to shareholders", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03073276-6A1318369", "publication_date": "2026-03-30", "accessed_date": "2026-11-01", "locator": "2026/2026-03-30_Annual Report to shareholders_3047835202dba0e0.pdf; PDF pp. 118–119 (printed pp. 116–117), top-20 register and substantial shareholders", "detail": "Top 20 registered ordinary-share accounts measured 12 March 2026; issued ordinary shares 275,811,885. Separate substantial-shareholder table reports four groups/nominees as last notified to ASX on 12 March." }, { "source_id": "bernardo-form603-2026", "title": "Becoming a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03078285-6A1320271", "publication_date": "2026-04-14", "accessed_date": "2026-11-01", "locator": "2026/2026-04-14_Becoming a substantial holder_fd83da326e6c93d1.pdf; Form 603, pp. 1–2", "detail": "Bernardo da Veiga became substantial on 9 April 2026 with 13,980,345 ordinary shares and 5.01% voting power, after 1,236,028 shares issued on vesting/conversion of 2024 STI options; no associates." }, { "source_id": "bernardo-updated-3y-july2026", "title": "Updated Change of Director’s Interest Notice", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03107829-6A1332490", "publication_date": "2026-07-03", "accessed_date": "2026-11-01", "locator": "2026/2026-07-03_Updated Change of Director's Interest Notice_cef5be2d3735e083.pdf; Appendix 3Y, pp. 1–2, changes dated 22 and 28 May 2026", "detail": "Corrects registration of 13,980,345 shares from Bernardo personally to DTQ (BVI) Limited, controlled by him, with no change in beneficial interest; reports no shares acquired or disposed in the transfer, and 2026 STI/LTI options separately." }, { "source_id": "metal-mining-form604-2026", "title": "Change in substantial holding", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03048339-6A1308121", "publication_date": "2026-01-22", "accessed_date": "2026-11-01", "locator": "2026/2026-01-22_Change in substantial holding_bdc71b88a29fa757.pdf; Form 604, pp. 1–2", "detail": "Metal(s) Mining Ventures / Paulo Roberto Santoro Salomao reported 18,973,524 shares, 6.91% voting power after a 9m-share off-market sale for A$36.9m on 15 Jan 2026; Paulo is sole director and shareholder of the vehicle." }, { "source_id": "regal-form603-2025", "title": "Becoming a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03042123-6A1305534", "publication_date": "2025-12-29", "accessed_date": "2026-11-01", "locator": "2025/2025-12-29_Becoming a substantial holder_c642793024c14d85.pdf; Form 603, pp. 1–5", "detail": "Regal Partners group reported 16,520,855 shares (6.02%) on 23 Dec 2025; included to reconcile subsequent cessation." }, { "source_id": "regal-form605-2026", "title": "Ceasing to be a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03125787-6A1340156", "publication_date": "2026-08-25", "accessed_date": "2026-11-01", "locator": "2026/2026-08-25_Ceasing to be a substantial holder_a1be1db1c87fd49a.pdf; Form 605 and annexures, pp. 1–7", "detail": "Regal Partners Funds Management and associates ceased to be substantial on 21 Aug 2026; the notice has detailed trade annexures but does not establish zero remaining shares." }, { "source_id": "kitabella-form605-2025", "title": "Ceasing to be a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03041371-6A1305205", "publication_date": "2025-12-23", "accessed_date": "2026-11-01", "locator": "2025/2025-12-23_Ceasing to be a substantial holder_c090478414ca5a7d.pdf; Form 605, p. 1", "detail": "Kitabella Trust and Kileffs ceased substantial on 23 Dec 2025 following disclosed off-market sales; cessation does not establish zero holdings." }, { "source_id": "dominic-allen-form605-2025", "title": "Ceasing to be a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03041369-6A1305202", "publication_date": "2025-12-23", "accessed_date": "2026-11-01", "locator": "2025/2025-12-23_Ceasing to be a substantial holder_6af933f8ae0a087f.pdf; Form 605, p. 1", "detail": "Dominic Allen / Westoz Services ceased substantial on 23 Dec 2025 following a 3.1m-share off-market sale; cessation does not establish zero holdings." }, { "source_id": "arima-form605-2026", "title": "Ceasing to be a substantial holder", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03048342-6A1308124", "publication_date": "2026-01-22", "accessed_date": "2026-11-01", "locator": "2026/2026-01-22_Ceasing to be a substantial holder_ad3972c6a7593423.pdf; Form 605, p. 1", "detail": "Anastasios Arima ceased substantial on 21 Jan 2026 following a 4m-share off-market sale for A$17m; cessation does not establish zero holdings." }, { "source_id": "alurion-filing-exclusion", "title": "Becoming a substantial holder from BRE", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03117173-6A1336981", "publication_date": "2026-08-03", "accessed_date": "2026-11-01", "locator": "2026/2026-08-03_Becoming a substantial holder from BRE_a9536df666839cf2.pdf; Form 603, pp. 1–3", "detail": "Excluded from BRE snapshot: the filing concerns Alurion Resources Limited (ALU), not Brazilian Rare Earths (BRE); BRE appears as the source of the distribution/demerger shares." }, { "source_id": "issuer-investor-centre", "title": "Investor Centre and latest ASX announcements", "publisher": "Brazilian Rare Earths Limited", "url": "https://brazilianrareearths.com/investor-centre/", "publication_date": null, "accessed_date": "2026-11-01", "locator": "Latest ASX Announcements section, accessed 1 November 2026", "detail": "Current issuer page listed the 26 October 2026 Monte Alto resource announcement and 20 October 2026 quarterly report as newest announcements; used only as a cross-check for the date range, not for shareholder quantities." }, { "source_id": "shares-on-issue-2026-04-27", "title": "Application for quotation of securities - BRE", "publisher": "Brazilian Rare Earths Limited / ASX", "url": "https://asx.api.markitdigital.com/asx-research/1.0/file/2924-03082587-6A1322098", "publication_date": "2026-04-27", "accessed_date": "2026-11-06", "locator": "downloads/BRE/2026/2026-04-27_Application for quotation of securities - BRE_011ff66b58b5d88e.pdf; Appendix 2A, total ordinary shares on issue; unchanged in the 29 May 2026 Appendix 3G", "detail": "Ordinary shares on issue: 280,153,716 at 2026-04-27; used as the denominator for calculated substantial-holder percentages." } ], "limitations": [ "No later full top-20 register was found by the cutoff. The latest issuer register and substantial-shareholder table are dated 12 March 2026.", "The ASX downloader manifest is incomplete (metadata issuer lookup failed) and its local cache ends 20 October 2026. The issuer investor centre showed announcements through 26 October, but the snapshot is not proof of a complete live filing feed through cutoff.", "Substantial-holder notices for Regal Partners, Kitabella/Kileff, Dominic Allen and Anastasios Arima ceased their substantial status; cessation does not establish zero holdings. No current quantities are inferred from those cessation notices.", "The annual report repeats UBS, BNP Paribas and two ACN 664 400 382 rows; accounts/legal rows are preserved separately. Underlying beneficial owners are not inferred.", "An 3 August 2026 announcement titled “Becoming a substantial holder from BRE” concerns ALU, not BRE, and is excluded.", "The annual report’s substantial-holder table is dated 12 March; Bernardo’s later disclosed holding is added from a 9 April Form 603 and 28 May Appendix 3Y, its percentage is calculated from shares on issue in the 27 April 2026 Appendix 2A because no updated denominator was supplied." ] }