Business & Finance
Brazil Rare-Earth Ambitions Clash With Strained Mining Regulator
Key Points
Brazil Rare-Earth Ambitions Clash With Strained Mining Regulator Brazil’s aim to become a leader in rare-earths mining is running head-on into budget cuts and staffing shortages at the sector’s regulatory agency. The Latin American nation is pursuing partnerships with other countries on critical minerals and rare earths, yet its National Mining Agency, or ANM, lacks the resources to keep up with inspections and meet international commitments, said Director-General Mauro Sousa.
Brazil Rare-Earth Ambitions Clash With Strained Mining Regulator
Brazil’s aim to become a leader in rare-earths mining is running head-on into budget cuts and staffing shortages at the sector’s regulatory agency.
The Latin American nation is pursuing partnerships with other countries on critical minerals and rare earths, yet its National Mining Agency, or ANM, lacks the resources to keep up with inspections and meet international commitments, said Director-General Mauro Sousa.