Australian Mining Companies in Brazil
Two Australian companies have purchased dozens of mining rights in Brazil, intending to invest heavily in the extraction of rare earth elements. This development has raised concerns among local communities due to potential environmental threats.
The towns of Poços de Caldas and Caldas, located in the southern region of the mining state of Minas Gerais, are at the center of this issue. The area is known for its enormous deposit of rare earth elements, which are crucial for energy transition technologies and the military industry.
“nobody will lay hands on” Brazilian minerals
These words, spoken by President Lula da Silva, were seen as a message to American President Donald Trump, highlighting the significance of these resources in trade disputes involving the United States, China, and Brazil.
Local Concerns
- Environmental threats posed by mining activities
- Impact on local communities in Poços de Caldas and Caldas
Autor's resume: Australian companies invest in Brazil's rare earth elements.
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