Brazil Approves Critical Minerals Policy as Environmental Groups Flag Safeguards Gap « Carbon Pulse
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10 Articles
The Brazilian Senate approved the National Critical Mineral Policy to encourage local processing, although social movements denounce the exclusion of communities affected by mining expansion.
The Congress sanctioned the Executive-backed project that creates a national policy with a package of R$7 billion in fiscal and financial incentives pending the presidential signature. The Brazilian Congress dispatched for the sanction of President Luiz Inácio Lula da Silva the law that establishes the [...]
Session of the Federal Senate discusses policy for critical mineralsSenado approves national policy for critical minerals with R$ 7 bi in incentives
Brazil approves critical minerals policy as environmental groups flag safeguards gap « Carbon Pulse
Brazil’s Senate on Wednesday approved a national policy for critical and strategic minerals with up to R$7 billion ($1.37 bln) in government incentives, while environmental groups said the framework could accelerate mining without sufficient protections for ecosystems and affected communities.
On Wednesday, September 2, the Brazilian Senate approved Bill 2.780/2024, which establishes the National Policy on Critical and Strategic Minerals, so that it now passes to presidential sanction. The proposal foresees up to R$ 7 billion ($1.370 million) in government incentives to stimulate the processing and transformation of these minerals directly in Brazil. The figure includes a contribution of up to R$ 2 billion for a guarantee fund and up …
Senate approves up to R$ 7 bi in incentives for mining of rare earths and strategic minerals in Brazil. Read more at Tribuna do Paraná.
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