U.S. Commits $1.55 Billion to Brazil’s Serra Verde Mine in Push to Break China’s Rare-Earth Grip
The United States is pouring more than $1.5 billion into a rare-earth mining venture in Brazil, part of a widening effort by Washington to build a supply of critical minerals that does not run through China. The financing package, announced on August 24, centers on the Pela Ema deposit in central Brazil, operated by the…