EU pitches Brazil a ‘more beneficial’ rare earths deal than US or China

AI Summary

The European Union is offering Brazil a preferable partnership on critical minerals compared to the US and China. The EU plans to invest in Brazil's domestic refining and technology sectors to reduce dependence on Chinese supply chains.

The European Union is offering Brazil a “more beneficial” partnership on critical minerals than the United States or China, the bloc’s international partnerships commissioner said on Thursday, promising investment in domestic refining and technology as Brussels works to cut its dependence on Chinese supply chains. European Commissioner for International Partnerships Jozef Sikela made the case during a week-long visit to Brazil that included a stop on Saturday at a rare earth research and...