Brazil Looks To Challenge China’s Dominance in Rare Earth Minerals

Brazil is estimated to hold the world’s third-largest reserves of rare earths, the critical minerals vital for modern technology and the energy transition. Brazil’s rare earths mining industry has just started despite the country being a major mining destination for decades.   Established mining industry regulations and lower labor costs compared to Australia or the U.S. could give Brazil a competitive advantage in the race to challenge China’s oversized dominance in rare earths production and processing.   Brazil’s…