U.S.-Brazil Talks Focus on Rare Earths Amid Trade Negotiations

Gabriel Escobar, the U.S. Charge d'Affaires in Brazil, met with mining executives during an event in Bahia to discuss the strategic minerals known as rare earths. These crucial discussions are integral to ongoing U.S.-Brazil negotiations over trade tariffs.

Sources revealed that Escobar engaged with representatives from Australia's St George Mining, which has ongoing rare earth projects in Minas Gerais. These meetings, held on the sidelines of the industry event, might help in easing the tariff tensions initially imposed by former President Donald Trump.

Julio Nery from the mining lobby group Ibram confirmed Escobar's meetings, noting the sector's repeated engagements with the U.S. official, highlighting persistent efforts for collaboration, albeit without revealing specific details of the discussions.