Via Dialogue Earth, an article on wind energy development in South America: The development of offshore wind energy is entering a defining moment in Latin America, following years of expectation that have raised hopes for the energy source, but which have yet to result in a single turbine operating off the region’s coast. This August, Brazil’s senate plans to vote on […]
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 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 »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 […]
Read more »Via LatAmFintech, a report on Nubank: Nubank announced today that it has surpassed 100 million customers in Brazil, Mexico and Colombia, becoming the first digital banking platform to reach this milestone outside of Asia. This achievement comes after the company has presented record financial results for the year 2023, with more than $1 billion in net […]
Read more »Courtesy of The Financial Times, a report on US trade engagement with Latin and South America: Concern over China’s economic clout has created “a hell of a chance” for the US to pass legislation paving the way for more free trade deals with Latin American countries, said President Joe Biden’s special adviser for the region. […]
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