Brazil has not responded to US proposals for critical minerals cooperation

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Matthew Lowe, an economic counsellor at the US embassy in Brasilia, stated that Brazil failed to respond to two American proposals regarding critical minerals cooperation. The United States previously invited Brazil to join the Minerals Security Partnership and submitted a draft framework agreement in February, neither of which received a response. During the Exposibram mining conference in Belo Horizonte, Lowe indicated that the US would likely have to wait until after Brazil's October presidential election to pursue such a deal.

Consequences

The absence of a bilateral agreement leaves the United States without a formal partnership with Brazil as it attempts to establish rare earth supply chains outside of China. Washington will likely delay further efforts to integrate Brazil into its coordinated investment strategy until the Brazilian political transition is concluded.

Sources

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