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Brazil is emerging as a significant player in the global rare earths market, with its first major facility seen as crucial for the United States to reduce its reliance on China. The South American nation holds the world’s second-largest rare earth reserves, estimated at 21 million tonnes, trailing only China. The Serra Verde project, Brazil’s first integrated rare earth mine, began commercial production in early 2024 and is expected to produce 6,400 tonnes of rare earth oxides annually by the end of 2027.

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