Energy Technology: Industry Insights
As governments seek to diversify critical mineral supplychains beyond China, Brazil is emerging as one of the world's most promising new sources of rare earth elements. The country holds the world's second-largest rare earth resource base and is advancing a new generation of projects, which could provide lower-impact production of the magnet rare earths needed for EVs, offshore wind turbines and defence technologies. But geology alone is not enough. Building a globallycompetitive rare earth industry will require investment, permitting, downstream processing and international partnerships. We speak with Rafael Moreno, CEO of Viridis Mining & Minerals, Elizabeth Johnson, Managing Director of Brazil Research at TS Lombard, and GlobalData analyst Sai Dheeraj about Brazil's rare earth ambitions, the implications of the recent G7 critical minerals declaration, and whether projects such as Colossus can help reshape global supply chains. Alejandro Gonzalez, editor of Mining Technology and MINEmagazine, is the host of this episode of Energy Technology: Industry Insights. Find more news and strategic insights into all things energy on Power Technology, Offshore Technology and MiningTechnology, all free to access. For quick daily updates, make sure to subscribe to our newsletters. (00:01) Intro (01:30) Why Brazil? Why now? (04:00) The race against time (05:35) Where is the bottleneck? (08:35) Can Brazil build a complete rare earthindustry? (10:45) The G7 opportunity
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