RARE EARTHS
Brazil’s bills to create a state-controlled rare earths company
The government has not yet seriously discussed creating a state-owned rare-earth company. Photo: Sigma Lithium
As Brazil's vast rare earth reserves attract growing interest from foreign powers, two bills recently introduced in Congress propose that the country establish its own state-controlled company to compete in the emerging critical minerals market.
Both bills would create a new company, called Terrabras, to operate across the rare earths supply chain (from geological research to refining) covering minerals essential to semiconductors, advanced weaponry, robotics and clean energy. But the proposals differ significantly in structure and ambition…
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