With the world's third largest reserve of rare earths in Brazil and investments of R$1,5 billion in mining, the country can dominate a market worth trillions and challenge the Chinese monopoly!
Brazilโs potential to become a global powerhouse thanks to a valuable mineral resource. This may be closer to reality than one might think. The country has one of the largest reserves of rare earths in Brazil, a set of minerals essential for the manufacture of electronics, electric motors and even wind turbines.
With significant deposits and million-dollar investments on the way, the mining of these substances can transform the Brazilian economy, placing the country at the center of the global technological revolution. But after all, what makes these lands so valuable?
Why are they so valuable?
Rare earths are a group of 17 chemical elements that are essential for the production of electronic devices, batteries and even electric vehicles. Despite their name, these minerals are not exactly rare in the Earth's crust, but their extraction and separation are complex and costly.
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The economic value of rare earths is impressive. While iron ore, widely exported by Brazil, has an average price of US$120 per ton, neodymium oxide, one of the most sought-after elements, can exceed US$75.000 per ton. In other words, we are talking about a material that can yield much more than traditional commodities.
Rare earth reserves in Brazil
Brazil occupies a strategic position in the market global reserve of rare earths. The country has the third largest reserves in the world, next to Russia, and behind only China and Vietnam. However, the exploration of these riches is still in its infancy.
Currently, production is mainly concentrated in the extraction of monazite in Buena, Rio de Janeiro. However, areas such as Araxรก, Morro do Ferro and Poรงos de Caldas have shown enormous potential to boost the sector. Geological studies indicate that these regions may contain substantial deposits, capable of transforming Brazil into a major global player.
Opportunities and challenges of Brazilian exploration
The recent appreciation of rare earths has attracted substantial investment. One of the most promising projects is the Caldeira Project in Poรงos de Caldas, which is expected to require an investment of R$1,5 billion over the next three years. The expectation is to generate 500 direct jobs and 1.500 indirect jobs, strengthening both the local and national economies.
However, extracting these minerals is not without its challenges. Unlike iron ore, rare earth mining requires sophisticated separation processes and rigorous environmental control. Regulations and investments in sustainability will be essential for Brazil to be able to explore this market without compromising the environment.
Can Brazil become a world leader in rare earths?
Currently, China accounts for about 70% of global rare earth production. Countries such as Vietnam and Australia have also made progress in this area. However, the demand for these minerals is growing exponentially due to advances in technology and the search for renewable energy.
Brazil has a golden opportunity on its hands. If it invests correctly in technology, infrastructure and adequate regulation, it can become one of the biggest producers global markets. With growing trade tensions between powers such as China and the United States, new suppliers are highly strategic in the global market.
We support Brazil, that the world respects this country more, we have **** Nobles, valuable to produce internally and externally, we are intelligent, and powerful in industry, Congratulations Brazil.
Fenrir do Brasil's rare earth deposits in Araxรก MG contain up to 658.000 ppm of rare earth oxides.
Congratulations Brazil of poverty