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The old asbestos town at the heart of the rare earths race

  • Posted on August 25, 2026
  • By Financial Times
  • 7 Views
  • 1 min read
In brief

Brazil is establishing its first rare earth minerals processing facility in a former asbestos mining region, positioning itself as a critical player in reducing global dependence on Chinese rare earth supply chains. This strategic infrastructure development aligns with US geopolitical efforts to diversify mineral sourcing and strengthen supply chain resilience. The transformation of an industrial site into a high-tech minerals hub represents a significant shift in the competitive landscape for essential materials needed in advanced technologies and renewable energy sectors.

Summary auto-generated by AI from the original publisher's content. Editorial standards.

The old asbestos town at the heart of the rare earths race
The old asbestos town at the heart of the rare earths race

Brazil’s first facility for the minerals is a key component in US plans to break free from Chinese dominance
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Author
Financial Times

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