Brazil House Approves Critical Minerals Bill on Trump-Lula Eve
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3 Articles
Brazil House Approves Critical Minerals Bill on Trump-Lula Eve
Brazil’s Lower House (Câmara dos Deputados) approved on May 6 the base text of PL 2780/2024 establishing the National Policy for Critical and Strategic Minerals (PNMCE), creating a R$5 billion (US$1.02 billion) tax-credit framework and a Mining Activity Guarantor Fund (FGAM) with R$2 billion in initial federal capital, and the bill now goes to the […] The post Brazil House Approves Critical Minerals Bill on Trump-Lula Eve appeared first on The R…
Proposal dealing with critical minerals was approved by the Chamber of Deputies on Wednesday (6). Presidents of Brazil and the United States met for almost three hours on Thursday.
The PL of the critical and strategic minerals, approved by the Chamber of Deputies, establishes a maximum time limit for the mineral research phase in areas with potential for these inputs and provides for the loss of mining law if the company does not submit the final report within the defined period. By the approved text, the authorization of research in areas with critical or strategic minerals will have a maximum improbable time limit of 10 …
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