Northern Stanmore Rare Earth Mine in Western Australia Rich in Hafnium

US Assistant Secretary of State Caleb Orr stated that the US is actively negotiating with Brazil to develop critical mineral processing capabilities, with a focus on heavy rare earths. Orr said Brazil is an "important" partner in building a resilient Western supply chain. The US has invested in Brazil's Serra Verde and Aclara rare earth projects through the DFC to produce mixed rare earth carbonate containing dysprosium and terbium for use in permanent magnetic materials. Brazil holds the world's second-largest rare earth reserves but lacks processing capacity. Brazilian President Lula emphasized that foreign companies must invest in downstream facilities to achieve an end-to-end value chain.

UK-based junior exploration company Altona Rare Earths has revealed that the US Trade and Development Agency (USTDA) has agreed to support its Monte Muambe rare earth project in Mozambique. Altona stated that USTDA will provide technical and financial support for the development of the Monte Muambe project, assisting it in achieving the production of rare earth elements.

Last week, the overseas rare earth market exhibited distinct characteristics, including accelerated exploration of futures financialization, diversified development of global resource projects, deepened supply chain strategies in major consumer countries, progress in alternative technology R&D, and continuous expansion of international cooperation networks. Next week, as China enters the Chinese New Year holiday, overseas markets will maintain this pace of advancement.