Portuguese 
English 
Spanish 
3 min of reading 
6 comments 
The Fiemg Conducted An International Mission And Returned With Important Contracts Signed With Australian Mining Companies For The Exploration Of Rare Earths In Brazil. This Partnership Could Transform The Country Into A Global Power In The Export Of These Valuable Resources, Essential For The Technological And Energy Industries.
The Federation of Industries of the State of Minas Gerais (FIEMG) concluded its tour with agreements signed with Australian mining companies amounting to R$ 2.5 billion. The entity signed a memorandum of understanding with St. George Mining Limited for an investment of R$ 2 billion in the Araxá Project, focusing on the exploration of rare earths in the Alto Paranaíba region.
Brazil Will Have Three Projects Focused On The Exploration Of Rare Earths
The second agreement with Australian mining companies was closed with Perpetual Resources and involves a investment of R$ 400 million for 3 projects for the exploration of rare earths, lithium, and tin in Southern Minas and the Jequitinhonha Valley.
In addition to the memoranda signed for the exploration of rare earths, Fiemg also established a partnership with three other Australian mining companies to share the Brazilian laboratory for producing rare earth magnets. The facility is the only one existing in the Southern Hemisphere.
-
USA and China compete for Brazil over resources that could be worth trillions — rare earths put the country at the center of a global dispute
-
With 74% of companies facing difficulties in hiring, technicians and engineers in renewable energy are becoming scarce in Brazil and are essential to support the expansion of solar, wind, and green hydrogen projects.
-
After China, it’s now the turn of the USA to ‘secure’ a share of Brazil’s natural resources: the country buys critical rare earths for R$ 3 billion and enters the center of the global technology dispute.
-
Rare earths are in everything, from cell phones to bullet trains, and what almost no one realizes is why they have become the target of such a delicate global war.
The president of Fiemg, Flavio Roscoe, celebrated the investment agreements that will bring resources to the mining sector of Minas Gerais; however, he emphasized that one of the main achievements of the tour was the contracts for sharing the laboratory with the Australian mining companies.
According to the executive, the presentation of the facility to foreign companies and the exchange of knowledge can leverage Brazil as a future player in the export of rare earth magnets, one of the most valuable products in the world due to its application in electronic equipment.
Fiemg Highlights Brazil As A Major Producer
Rare earths are minerals that are difficult to extract and have unique characteristics, such as intense magnetism and light absorption and emission. These special properties make the minerals useful in various technological applications, such as solar panels, electric car motors, wind turbines, airplanes, and military equipment.
From the ore, it is possible to develop a magnet that has fundamental properties for the electrical and electronic sectors.
Rare metals are valuable on their own, and Brazil combines access to the ores with the technology of the laboratory; however, magnets will gain even more value starting next year. In 2025, China will stop exporting magnets made from rare metals and will only export finished products. The decision has caused global chaos, as the Asian country is responsible for over 90% of magnet production.
It is with this in mind that the executive of Fiemg sees an opportunity for Brazil to attract investments in the exploration of rare earths. Roscoe stated that countries have begun to seek alternatives to Chinese magnets and that Brazil has the fundamental qualities to strengthen itself as an exporter and meet part of the global demand. However, to do this, it will be necessary to progress in points such as the streamlining of environmental licenses.
Australian Mining Companies Are Interested In Brazilian Lithium
According to Roscoe, the country has found large reserves of rare earths. There is a window of opportunity, and it’s that old debate whether Brazil will seize this window or not. If the environment does not delay everything because they are low-impact projects, but in Brazil, things are complex. The company has the opportunity to provide the world’s most desired product.
The executive also states that the Australian mining companies were very interested in the Brazilian model of lithium extraction, a mineral essential for battery production. Roscoe claims that the Australian mining companies were impressed with the sustainability of the Brazilian process and see the possibility of scaling production in the country.
E as riquezas de Minas e do Brasil continuam a partir do país em contratos que visam enriquecer os já milionários, em detrimento do “savoir faire” dos brasileiros.
2,5 bilhões?
Grande ****, só em 2023 o governo deixou de arrecadar 16 bilhões só na lei Rouanet.
E como a nossa siderurgia foi desmantelada, haverá investimento estrangeiro também.
EEE Brasil colônia.
Oportunidades brilhantes