Mar. 23 at 8:28 AM
The US is currently in a high-stakes standoff with Brazil over the future of the world’s critical mineral supply, and things are getting tense. Washington has been pushing for a massive bilateral deal to secure minerals like lithium and nickel, even identifying over 50 projects for billions in potential investment, but President Lula da Silva’s government is reportedly giving them the cold shoulder. Tensions hit a peak this week when federal officials skipped a major US-hosted mining forum in São Paulo, with insiders suggesting Brazil feels the US approach is a bit too "heavy-handed" and threatens their sovereignty. To bypass the federal gridlock, the US just signed a direct agreement with the governor of Goiás, a mineral-rich state and political rival to Lula.
Source; https://www.nytimes.com/2026/03/20/world/americas/us-rare-earth-minerals-brazil-china.html
$ARA $APAAF $ATCX $VALE $LIT #Mining #Lithium #RareEarths #Goiá