U.S. wants more access to critical minerals from Brazil
The United States has signaled to Brazil its interest in having preferential access to the Brazilian production of critical minerals amid growing rivalry with China, as it seeks to reduce dependence on strategic commodities.Valor has learned that in meetings held in Washington in August, Brazilian representatives replied that the United States is welcome — including to make a difference in investments in this sector — but Brazil does not intend to grant privilege to partners.The view in Brasília is that the country has essential stocks and can accommodate the presence of companies of different origins. While the U.S. talk about having preference, Brazilians reply that the government seeks to improve the business environment and equal competition conditions.This message was given by diplomats and also by the Minister of Mines and Energy, Adolfo Sachsida, last month in Washington, sources say.Critical minerals such as rare earth elements, lithium, cobalt, and niobium are essential for many modern technologies and for national and economic security. They are found in products from computers to home appliances. And they are key inputs in clean energy technologies such as batteries, electric vehicles, wind turbines, and solar panels.A study by the European Union (EU) points to Brazil as the world’s largest producer of niobium — 92% of all. The product is used for high-technology applications (capacitors and supercomputers, among others). In addition, the country produces 13% of the world’s bauxite for aluminum production; 8% of natural graphite, used for batteries and material for steel production; and 9% of the world’s tantalum, which is used for superalloys and compensators for electronic devices, for example.During the Trump administration, the U.S. defined a list of 35 ores considered critical to economic and national security. This year, the Biden administration took...
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