About $5B in US-backed investment and financing is being directed to an open-pit rare-earth mine in Brazil’s Goias state, as Washington seeks to reduce dependence on China for critical inputs. The news is directionally supportive for non-China rare-earth supply, but it does not provide project economics or timelines that would likely drive near-term repricing.
About $5B in US-backed investment and financing is being directed to an open-pit rare-earth mine in Brazil’s Goias state, as Washington seeks to reduce dependence on China for critical inputs. The news is directionally supportive for non-China rare-earth supply, but it does not provide project economics or timelines that would likely drive near-term repricing.
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