Brazil Sits on $2.6B in Rare Earth Projects. One Mine Works
Brazil sits on the world’s second-largest rare earth reserves — 21 million metric tons, behind only China’s 44 million. These 17 metallic elements are essential to electric vehicles, wind turbines, and missile guidance systems. Yet as the race to break China’s grip on critical minerals intensifies, Brazil has exactly one operating mine. That could change. A mining sector report published …
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Indonesia tightens control on nickel as the US and China scramble for critical minerals
Indonesia is tightening state control over the world´s largest nickel supply after years of betting the metal would anchor a homegrown electric-vehicle industry, and just as global demand begins shifting away from heavy reliance on nickel. The move could still ripple through global EV supply chains as the United States and China compete for critical minerals. Indonesia sits at the center of …
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Critical minerals: can Mexico compete without new concessions?
Mexico outlined an international strategy on critical minerals amid a geopolitical landscape marked by supply concentration in China and the industrial repositioning of advanced economies, while keeping the granting of new mining concessions suspended, which raises questions about its ability to compete in this global race. The government of President Claudia Sheinbaum set as its central axis the defense of sovereignty …
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New Zealand catches flak for ‘secret’ US critical minerals talks
Opposition parties accuse the ruling coalition of keeping voters in the dark, fearing a fast track to environmental damage. New Zealand’s government has come under fire for keeping its talks with the United States over critical minerals under wraps, as opposition parties level accusations of secrecy amid mounting concern about environmental damage and foreign influence. Analysts say Wellington is reluctant to promote …
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Kazakhstan, U.S. sign major $1.1bn deal on critical minerals
Tau-Ken Samruk, a portfolio company of the Samruk-Kazyna Fund, and Cove Kaz Capital Group LLC (Cove Capital) have signed a package of transaction documents, Qazinform News Agency reports. The documents include a Sale and Purchase Agreement (SPA) and a Shareholders’ Agreement (FA) for a strategic investment project in the critical minerals sector, according to the press service of Samruk-Kazyna. The signing …
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Global mining at inflection point as demand for critical minerals surges
Global mining is at an inflection point: demand for critical minerals, underpinned by the low-carbon transition, defence spend, transport electrification and data centres is accelerating in an environment where supply is rising, metals prices are volatile and government intervention is scaling up, said BDO Audit Partner and UK Head of Natural Resources and Energy, Matt Crane. He was writing in …
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India holds talks with Brazil, Canada, France and Netherlands on critical minerals
India is in talks with Brazil, Canada, France and the Netherlands over potential agreements on critical minerals, as New Delhi steps up efforts to secure supplies needed for its energy transition and industrial strategy, Reuters reported. The discussions, led by India’s Ministry of Mines, focus on cooperation across exploration, extraction, processing and recycling of minerals such as lithium and rare …
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Brazil will avoid exclusive agreements on critical minerals
Brazil intends to avoid exclusivity agreements with other countries regarding its critical minerals, remaining open to seeking partnerships with various nations. Recently, the administration of the president of the United States, Donald Trump, announced details of the Project Vault, an initiative led by the Export-Import Bank of the United States (EXIM), which seeks to establish a domestic strategy to guarantee the supply …
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UAE and United States Sign Framework to Strengthen Secure Supply of Critical Minerals and Rare Earths
Framework aims to accelerate secure supply of critical minerals and rare earths essential to defence, advanced technologies, and industrial resilience in both countries Commits both parties to mobilise public and private investment across mining, processing, and recycling value chains, as well as measures to streamline permitting, strengthen market resilience, and protect supply chains from non-market practices Ministry of Investment reaffirms …
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US pushes critical minerals trade bloc to counter China
US Vice President JD Vance has unveiled plans to marshal allies into a preferential trade bloc for critical minerals as Washington escalates efforts to loosen China’s grip on materials crucial to advanced manufacturing. China has wielded its chokehold on the processing of many minerals as geo-economic leverage, at times curbing exports, suppressing prices and undercutting other countries’ ability to diversify …
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