Brazil to Regulate Critical Minerals Without Tax Breaks Amid Global Demand
Brazil's Finance Minister Dario Durigan announced plans to regulate the critical minerals sector without offering new tax breaks, aiming to secure national sovereignty and add value through domestic processing. Despite being a small producer, Brazil holds significant reserves of critical minerals essential for high-tech industries. The US is working to integrate Brazilian miners into its supply chains to counter China's dominance. Durigan emphasized that strong global demand negates the need for large fiscal incentives, although some support through programs like Eco Invest is considered strategic. The government is also against creating a state-owned company for critical minerals, focusing instead on swift regulation. 
