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The U.S. has designated Brazil as a strategic partner in critical minerals

The U.S. Embassy has designated Brazil as the U.S.’s “strategic partner” in the field of critical minerals. In a post on X on Tuesday, March 17, the Embassy highlighted the cooperation between the two countries regarding critical minerals, which are vital for technology, defense, and infrastructure.

The U.S. has designated Brazil as a strategic partner in critical minerals

The post also included a video advocating for cooperation to strengthen supply chains and reduce vulnerabilities in the sector. The statement noted that “everything that drives modern life depends on critical minerals,” and emphasized that ensuring secure supply chains is among the priorities of the Donald Trump administration.

Emphasis on Diversifying Supply Chains

The video released by the Embassy highlighted that global supply chains for critical minerals have long been concentrated in the hands of just a few countries. It pointed out that this situation creates vulnerabilities for both industries and governments, emphasizing that the U.S. has made diversifying supply chains a strategic priority to reduce this dependence.

The statement noted that Brazil is viewed as a key partner in this process and that the security of critical mineral supply depends on international cooperation.

Over $600 million in financing

The video also highlighted the support provided by U.S. government-affiliated financial institutions for projects in Brazil. It was noted that the U.S. International Development Finance Corporation and the U.S. Export-Import Bank have allocated over $600 million to projects in the critical minerals sector, and that there is potential for billions of dollars in new investments in the coming period.

High-level contacts have gained momentum

This statement came immediately following a series of meetings in Brazil by a delegation of U.S. officials. The delegation, comprising representatives from the U.S. Department of State, the U.S. Department of Commerce, and the U.S. Department of Energy, is participating in a forum on critical minerals organized with mining companies and financial institutions in the country.

It is reported that the discussions addressed financing opportunities for projects in Brazil and the deepening of cooperation between the two countries.

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