TheBrazilTime

Lula Critical Minerals Speech Deepens Rift With U.S.

2026-03-23 - 12:30

Key Points —Lula used the first-ever CELAC-Africa summit in Bogotá to frame the global race for critical minerals as a new form of colonialism, urging Latin America and Africa to process resources domestically. —Brazil holds the world’s second-largest rare earth reserves but has only one operating mine and no significant refining capacity — raising questions

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