Australian Miners Invest in Brazil's Critical Minerals Amid Global Demand
Australian mining companies are increasingly investing in Brazil's critical minerals sector, driven by the global demand for resources essential to clean energy and digital technologies. Brazil, which holds significant reserves of niobium, graphite, nickel, and rare earth elements (REEs), is becoming a key player in the global supply chain. The country is the world's second-largest holder of REE reserves, following China. Australian firms are developing projects to tap into these resources, with initiatives like the Serra Verde's Pela Ema project in Goiás state, which aims to supply a significant portion of global demand by 2027. Brazil's favorable business environment, including its renewable energy resources and skilled labor force, further attracts foreign investment.