Rare Earth Elements in Brazil: A Concern for Local Communities
Australian mining companies are investing heavily in Brazilian towns to extract rare earth elements, causing concern among local residents.
The towns of Poços de Caldas and Caldas, located in the southern region of Minas Gerais, have significant deposits of these elements, which are 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 that was seen as a warning to American President Donald Trump.
- Poços de Caldas has a population of 163,000
- Caldas has a population of 14,000 residents
- The region holds an enormous deposit of rare earth elements with unprecedented concentration levels
Author's summary: Australian companies invest in Brazilian rare earth elements, causing local concerns.