Brazil Passes Critical Minerals Bill Tightening Deal Scrutiny
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8 Articles
Brazil Passes Critical Minerals Bill Tightening Deal Scrutiny
Brazil’s Congress approved a critical minerals bill that gives the government greater scrutiny over mining deals, despite warnings from the industry that the rules risk deterring foreign investment.
The plenary of the Senate approved on Wednesday the basic text of the bill (PL) that creates rules and seeks to encourage the national industry to exploit critical minerals. The proposal establishes a national policy for so-called rare lands, and provides investments of up to R$ 7 billion in incentives for projects the sector. The text reported by Senator Eduardo Braga (MDB-AM) has not undergone any major change in the Senate and now goes to pre…
Policy creates incentives for mineral processing in Brazil and seeks to expand the technological and economic autonomy of Brazil The post Senate approves National Policy on Critical and Strategic Minerals appeared first in PT in the Senate.
Text maintains a 10-year deadline for mandatory research and investment in innovation. Read on Power360.
Speaker in the Senate Maintains House Text on Critical Minerals and only Makes Editorial Adjustments
The rapporteur for the bill (PL) of the critical minerals in the Senate, Senator Eduardo Braga (MDB), presented on Wednesday, 2, the opinion recommending the
It enters in vote on Wednesday (02), the PL 2780/2024 that creates the National Policy of Critical and Strategic Minerals. The project deals with the treatment and processing of rare earths in Brazil. The country is considered one of the largest reserves of several minerals considered strategic for the economy, such as lithium, nickel, graphite and niobium.
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