Rare earth reserves are in global demand. Can Brazil change the playbook?

Read the full article here.

Located on the rim of a 70-million-year-old volcanic crater, Poços de Caldas sits on promising deposits of the 17 chemical elements essential for 21st-century economies and warfare. They’ve become a point of focus for world powers, including President Donald Trump’s foreign policy interests, sparking a modern-day global “gold rush” for these critical minerals.

Brazil is home to the world’s second-largest rare earth reserves. It has the potential to become a major producer of these metals – and to offer the world an alternative to China, which currently dominates the supply chain. But it is keen to do so without repeating the extractive models of the past, which saw Brazil become a big exporter of raw materials and then lose out on the added value of processing them.

Source: Wikipedia