【Ferro-alloys.com】：The U.S. Embassy has designated Brazil as the U.S.s "strategic partner" in the field ofcritical minerals. In a post on X on Tuesday, March 17, the Embassy highlighted thecooperation between the two countries regarding critical minerals, which are vital fortechnology, defense, and infrastructure.

The post also included a video advocating for cooperation to strengthen supply chains and reducevulnerabilities in the sector. The statement noted that "everything that drives modern life depends on criticalminerals, and emphasized that ensuring secure supply chains is among the priorities of the Donald Trumpadministration.

Emphasis on Diversifying Supply Chains

The video released by the Embassy highlighted that global supply chains for critical minerals have longbeen concentrated in the hands of just a few countries. It pointed out that this situation createsvulnerabilities for both industries and governments, emphasizing that the U.S. has made diversifying supplychains a strategic priority to reduce this dependence

The statement noted that Brazil is viewed as a key partner in this process and that the security of criticalmineral supply depends on international cooperation.

Over $600 million in financing

The video also highlighted the support provided by U.S. government-affiliated financial institutions forprojects in Brazil. It was noted that the U.S. International Development Finance Corporation and the U.SExport-Import Bank have allocated over S600 million to projects in the critical minerals sector, and thatthere is potential for billions of dollars in new investments in the coming period.

High-level contacts have gained momentum

This statement came immediately following a series of meetings in Brazil by a delegation of U.S. officialsThe delegation, comprising representatives from the U.S. Department of State, the U.S. Department ofCommerce, and the U.S. Department of Energy, is participating in a forum on critical minerals organizedwith mining companies and financial institutions in the country.

It is reported that the discussions addressed financing opportunities for projects in Brazil and thedeepening of cooperation between the two countries.

• [Editor:Alakay]