Courtesy of The Guardian, a report on Latin America where about half the countries in the region are experiencing a rush in oil exploration that threatens the global drive to achieve net zero. But many argue that they have a right to enrich themselves in the same way the west has: His raised hands dirty […]
Read more »Via Reuters, a report on Brazil’s potential to loosen China’s grip on rare earths industry: Mining giant Brazil has big ambitions to build a rare earths industry as Western economies push to secure the metals needed for magnets used in green energy and defence and break China’s dominance of the supply chain. Working to its […]
Read more »Via The Economist, a look at why Latin America’s international trade trails most emerging markets: Follow a lorry laden with Brazilian-made cars as it inches down the hairpin bends of the Paso Internacional Los Libertadores (pictured) into Chile and the challenges of trade within Latin America become clear. Four times the lorry grinds to a halt as […]
Read more »Via Al Monitor, an article on Saudi Arabia’s plans to invest $15 billion in Brazil, bolstering already strong economic relations based largely on mining, meat and oil: Saudi Arabia is set to invest billions of dollars in Brazil, a Brazilian official said at a conference in Rio de Janeiro this week, as mining, trade and geopolitical […]
Read more »Via The Americas Quarterly, a report on Saudi Arabia’s increased engagement with Latina America and the Caribbean: Last November, a group of Caribbean dignitaries departed from Barbados and Miami in two private jets headed for Riyadh. Following the inaugural CARICOM-Saudi Arabia Summit, they returned with a $2.5 billion investment commitment for Caribbean development. The pledge, announced by Guyana’s President Irfaan Ali, was […]
Read more »Courtesy of The Financial Times, an article on Brazilian niobium: Among Brazil’s abundant mineral riches — from iron ore and gold to precious stones and copper — is one niche metal that almost no other country can claim to produce at scale: niobium. The dominant producer, Companhia Brasileira de Metalurgia e Mineração (CBMM), is exploring new […]
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