Rare Earth Elements in Brazil: A Concern for Local Communities
Australian mining companies are investing heavily in Brazilian towns to extract rare earth elements, sparking environmental concerns among locals.
The towns of Poços de Caldas and Caldas, with populations of 163,000 and 14,000 respectively, are at the center of this mining activity. The region holds a significant deposit of rare earth elements, crucial for energy transition technologies and the military industry.
“nobody will lay hands on” Brazilian minerals
President Lula da Silva's statement in July was seen as a message to American President Donald Trump, amidst trade disputes involving the US, China, and Brazil.
- Two Australian companies have bought dozens of mining rights
- Significant investment is expected, but environmental threats are a concern
- Rare earth elements are central to trade disputes and energy transition technologies
Author's summary: Australian miners spark concern in Brazilian towns.
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