Takeaways from a story on the US, Australia and others turning to Brazil for rare earth minerals
A mine operated by Serra Verde Mining digs for rare earth elements including neodymium, praseodymium, terbium and dysprosium, which are essential for the production of permanent magnets, in Minacu, Goias state, Brazil, July 28, 2025. (AP Photo/Eraldo Peres, File)
SAO PAULO (AP) — The world is increasingly turning to Brazil to explore for rare earth minerals that are crucial for technology and renewable energy. The country's large reserves are second only to China and have attracted investors, many of them with foreign support.
An analysis by The Associated Press and Reporter Brasil of all National Mining Agency records through June shows that rare earth exploration applications have surged, with more than 86% filed in the past three years, including 268 in the first half of 2026.
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