Brazil is expected to attract US$18,45 billion in rare earth mining by 2029 and position itself as a global power in the new green economy.
Brazil accelerates billion-dollar investments in Rare Earths and aims for global leadership
O Brazil is ever closer to enter the map of the new global economy.
According to Brazilian Mining Institute (Ibram), the country must receive US$18,45 billion in investments in the critical minerals, like the Rare Earths, until 2029.
These elements, fundamental for green and electronic technologies, became strategic assets in the center of economic dispute between the US and China.
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Additionally, there are several leisure, the quarterly balance sheet of ibram, published in this Tuesday (21), pointed out a total of US$68,4 billion in projects planned for the next mineral cycleOr this reinforces the strength of mining in the Brazilian economy and geopolitical weight of the country on the international scene.
Rare Earths: The New Gold of the Global Economy
As Rare Earths — a set of 17 chemical elements used in batteries, electric cars, cell phones and solar panels — are at the center of the race for strategic investments.
O Brazil holds the second largest reserve in the world, behind only the China, and has the potential to become a leading global supplier.
For the president of the ibram, Raul Jungmann, the challenge is to transform the mineral potential into high added value wealth.
“It’s important that we don’t just focus on extraction, but on the subsequent stages. Refining is essential. Brazil has the ambition to control these stages, and that’s why we have the vision and cannot forgo adding value,” said Jungmann.
The positioning reflects a long-term strategy: to stop being just an exporter of raw materials and advance in industrialization of mining, expanding the impact on saving and national technology chain.
Global dispute drives investments in Brazil
The trade dispute between USA and China is repositioning Brazil at the center of the global economy.
The government of Donald Trump criticizes the Chinese monopoly nose Rare Earths and threat increase tariffs by 100% about products of Beijing.
Therefore, the Brazil emerges as a strategic alternative, able to meet part of American demand e strengthen its diplomatic influence.
Second Fernando azevedo, vice president of ibram, “the more technology advances, the more these minerals are used“.
Therefore, the mining investments they stop being just economic and start having geopolitical weight in the coming decades.
Minas Gerais leads and drives mining growth
The third quarter balance sheet shows that the Brazilian mineral sector continues to strong expansion. Revenue reached $ 76,2 billion, a growth of 34% compared to the same period in 2024.
The highlight is Minas Gerais, which leads the sector with 39% of total revenue, equivalent to $ 29,7 billion, followed by Pará (35%) e Bahia (4%). Mining’s performance was driven by 27% increase in iron ore production, who responded by $ 39,8 billion, or half of the national total.
According to a Julio Nery, director of Mining Affairs at Ibram, the result was favored by the climate:
“It was a very favorable period for production, which is a dry period. This is very beneficial for open-pit mines,” he explained.
Exports and trade balance strengthen the economy
The mining continued to rise and, thereby, increased exports to 121 million tons, One high of 6,2% compared to 2024.
Additionally, there are several leisure, the exported value reached US$ 12,2 billion, being the iron ore accounts for 65%Or this further reinforces a strength of the sector in foreign trade.
Consequently, mineral balance reached US $ 9,64 billionOr this corresponds to 62% do national surplus de US $ 15,67 billion.
Like this, the result confirms that mining remains essentialAs supports the GDP, attracts foreign capital e strengthens Brazil’s role in the global economy.
A promising future for Brazil in the era of strategic minerals
With technological progress and growth in demand for clean energy, Rare Earth market It tends to expand rapidly In the next years.
In this scenario, Brazil, with its abundant reserves and US$18,45 billion investment plan, has a historic opportunity de leading sustainable mining e consolidate its strength in the global economy.
Meanwhile, global race for critical minerals continues to gain speedAnd Brazil, apparently, is ready to get ahead.
