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US admits defeat in China minerals race. Can Brazil turn panic into processing power?

US admits defeat in China minerals race. Can Brazil turn panic into processing power?
South China Morning Post Tuesday 25 August 2026, 13:48 UTC By Igor Patrick 1 min read
Key Points

Brazilian Mines and Energy Minister Alexandre Silveira revealed that US President Donald Trump and his team conceded during White House talks in May that the United States had lost the critical minerals race to China. The minister made the disclosure in an unscripted speech on Monday to Exposibram, the industry conference run by the Brazilian Mining Institute, in the state of Minas Gerais, responsible for more than 40 per cent of national mineral output. But as the US pours billions of...

Brazilian Mines and Energy Minister Alexandre Silveira revealed that US President Donald Trump and his team conceded during White House talks in May that the United States had lost the critical minerals race to China. The minister made the disclosure in an unscripted speech on Monday to Exposibram, the industry conference run by the Brazilian Mining Institute, in the state of Minas Gerais, responsible for more than 40 per cent of national mineral output. But as the US pours billions of dollars...
US (LOCATION) China (LOCATION) Brazil (LOCATION) Brazilian Mines and Energy (ORG) Alexandre Silveira (PERSON) Donald Trump (PERSON) White House (ORG) the United States (LOCATION) Exposibram (ORG) the Brazilian Mining Institute (ORG) Minas Gerais (LOCATION)
Originally published by South China Morning Post Read original →

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