Rare Earth Elements in Brazil: A Concern for Local Communities
Australian mining companies are investing heavily in Brazilian towns to extract rare earth elements, sparking environmental concerns among locals.
The towns of Poços de Caldas and Caldas, in the southern region of Minas Gerais, are home to an enormous deposit of these elements, crucial for energy transition technologies and the military industry.
“nobody will lay hands on” Brazilian minerals
was stated by President Lula da Silva, in a message understood to be aimed at American President Donald Trump. Two Australian companies have bought dozens of mining rights, expecting to invest significantly, but local communities are worried about the environmental threats.
Author's summary: Australian miners invest in Brazil's rare earth.
- Poços de Caldas: population 163,000
- Caldas: population 14,000
- Minas Gerais: significant rare earth deposit
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