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Brazil’s Strategic Move Against China’s Dominance in Rare Earths

China currently holds a near-monopoly over the rare earth elements supply chain, which are essential for various technologies, including electric vehicles (EVs), wind turbines, and military aircraft. In a bid to change this landscape, Brazil is taking significant steps to develop its own rare earth resources. Companies like Aclara are leading the charge by establishing pilot plants aimed at extracting these critical minerals.

Simultaneously, the Brazilian government is actively mapping extensive reserves of rare earth elements within the country. This initiative reflects Brazil’s commitment to reducing dependency on China and enhancing its position in the global market for these strategic resources.

However, Brazil faces substantial challenges in this endeavor. To catch up with China, the country will require significant investments, advanced technology, and strong international partnerships. The race is on as nations worldwide seek to diminish China’s stronghold over rare earths, which are vital for future technological advancements and energy solutions.

As Brazil progresses in its quest for rare earth independence, the outcome could reshape the global supply chain, providing new opportunities for economic growth and technological innovation in the region.

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Source: Original