U.S. Secures Access to Brazilian Rare Earths in $565 Million Deal That Cuts China Out
Key Points — The US International Development Finance Corporation (DFC) finalized a $565 million financing package for Serra Verde, Brazil’s only producing rare earths mine — including an option for the US government to acquire a minority equity stake — The deal includes offtake clauses that give Washington priority access to Serra Verde’s production of […] The post U.S. Secures Access to Brazilian Rare Earths in $565 Million Deal That Cuts China Out appeared first on The Rio Times.
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Key Points — The US International Development Finance Corporation (DFC) finalized a $565 million financing package for Serra Verde, Brazil’s only producing rare earths mine — including an option for the US government to acquire a minority equity stake — The deal includes offtake clauses that give Washington priority access to Serra Verde’s production of […]
The post U.S. Secures Access to Brazilian Rare Earths in $565 Million Deal That Cuts China Out appeared first on The Rio Times.
