Brazil holds the second-largest global reserve of rare earths, a set of 17 chemical elements essential for the production of electric vehicles, wind turbines, and military equipment.
In 2025, China dominated approximately 85% of the world's refining of these materials, while the United States was actively seeking alternative sources to reduce its dependence on Chinese production.
Financing Agreement
In this context, an American government agency established a financing pact worth US$ 565 million with Serra Verde, a rare earth producing company located in Goiás.
The cost of these materials fluctuates depending on the specific element and the level of processing. For example, in 2025, one kilogram of processed neodymium oxide, used in the manufacturing of high-power magnets, had an average price of US$ 73.
Brazilian Economic Potential
International competition for rare earths presents potential to bring investments, technological advancements, and specialized job opportunities to Brazil. However, the major challenge lies in ensuring that the country is not restricted merely to the simple extraction and export of raw materials, but can use these resources to foster the development of its own industry.