INSUBCONTINENT EXCLUSIVE:
(Analysis) Brazil is asserting itself as a key player in the rare earth elements (REE) industry, aiming to diminish global dependence on
China.This shift aligns with Western efforts to secure essential metals for advanced technologies and defense systems.Rare earths are 17
is a major milestone.This mine, one of the largest ionic clay rare earth deposits globally, targets an initial annual output of 5,000 tons
of rare earth oxides.These oxides are vital for manufacturing high-efficiency magnets in wind turbines and electric vehicles, with potential
(Photo Internet reproduction)Moreover, Brazil hosts several promising projects like Monte Alto and Pele in Bahia.These sites have
demonstrated impressive mineralization, with some areas showing rare earth grades exceeding 34% TREO.Spearheaded by companies like Brazilian
control over substantial reserves and its dominance in global production, other countries are ramping up their production
capabilities.Countries such as the U.S., Myanmar, Russia, India, and Australia are building independent supply chains to decrease dependence
low labor costs, renewable energy, and a skilled workforce.The Brazilian government supports the industry with substantial investments,
global supply diversity and strengthen its geopolitical role.These developments could lessen worldwide reliance on China for critical
materials, improving the stability of global tech and energy networks.
