Can Brazil become a key rare earth supplier for the West?
As Western governments seek to reduce dependence on Chinese rare earth supply chains, Brazil is emerging as one of the world's most promising new sources of cri
As Western governments seek to reduce dependence on Chinese rare earth supply chains, Brazil is emerging as one of the world's most promising new sources of critical minerals.
The country holds the world's second-largest rare earth resource base and is home to a growing number of advanced ionic clay projects. At the same time, the recent G7 declaration on critical minerals has reinforced the strategic importance of developing new mining, processing and recycling capacity among trusted partners.
But geology alone will not determine success. Financing, permitting, downstream processing and international partnerships will all shape whether Brazil can establish itself as a reliable supplier of magnet rare earths to Western markets.
In this episode of Energy Technology, mining editor Alejandro Gonzalez speaks with Rafael Moreno, CEO of Viridis Mining & Minerals, developer of the Colossus Rare Earth Project in Minas Gerais. He is joined by Elizabeth Johnson, Managing Director of Brazil Research at TS Lombard, and GlobalData mining analyst Sai Dheeraj to discuss Brazil's rare earth ambitions and the challenges of building an internationally competitive supply chain.
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Fuente original: Yahoo Finance (https://finance.yahoo.com/energy/articles/brazil-become-key-rare-earth-144308218.html)
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