Washington Backs Brazil's Serra Verde Mine In $1.55 Billion Rare-Earth Push
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Source: Zero Hedge
Published: 2026-08-26 05:20 UTC+10:00
Section: General
Factuality Score: 100
Opinion Category: Neutral
Topics: Business, Asia, Military & Defence, Latin America, China, Financial Markets, Media, US Politics, Business & Economy, War & Conflict, Asia Pacific
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Snippet:
The U.S. Department of War has announced a $750 million investment aimed at securing long-term supplies of critical rare-earth elements from Serra Verde’s Pela Ema mine in central Brazil, as Washington accelerates efforts to reduce its dependence on China for strategically important minerals, according to a DOW press release out this week.
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