Two Brazilian states, Goias and Minas Gerais, known for their abundant reserves of rare earths and lithium, are on the verge of finalizing critical minerals cooperation agreements with the U.S.
Ronaldo Caiado, the governor of Goias, signed a preliminary agreement on Wednesday to collaborate with the U.S. on the development of the state’s rare earth reserves.
A similar agreement concerning lithium and other critical minerals is expected to be signed by Minas Gerais on Thursday, Argus Media reported on Wednesday.
Although the agreement signed by Goiás is not yet legally binding, it is intended to foster collaboration in research and technical skill development. “This partnership will help us better map and unlock our mineral potential,” Caiado said after the signing. “It also enables us to upgrade our technology and move beyond being just a raw mineral exporter.”
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