Feb 11 β€’ 22:45 UTC πŸ‡§πŸ‡· Brazil Folha (PT)

US is interested in processing critical minerals in Brazil, says State Department

The US shows interest in processing critical minerals in Brazil, considering the country a strategic partner in the development of essential raw materials.

The United States has expressed a strong interest in processing critical minerals within Brazil, according to Caleb Or, Assistant Secretary of State for Economic, Energy, and Business Affairs. In a recent interview, Or described Brazil as a strategic partner for the development of these essential raw materials, which are crucial for technologies related to energy transition and defense, among other uses. The assertion marks a notable diplomatic engagement between the two nations regarding resource management and technological cooperation.

Despite Brazil's significant reserves of critical minerals, challenges remain in terms of financial resources to develop the production chain, including refining capabilities. The Brazilian government, led by Lula, has welcomed potential support from the US, recognizing the need for technological advances and investment in this critical sector. The dialogue indicates a growing recognition of the importance of these minerals not just for Brazil’s economy, but also for global supply chains that facilitate energy transitions.

The interest from the United States is particularly timely, following a recent ministerial meeting on critical minerals that included representatives from 55 countries. Such high-level discussions emphasize the importance of international collaboration on mineral resources, especially as countries seek to secure supply chains amid growing demand for sustainable energy technologies. This initiative could enhance Brazil’s position in the global market while furthering bilateral relations with the US.

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