Brazil Aims for Open Stance on Critical Minerals, as US Launches $10B Project Vault Initiative

Published: Feb 11, 2026 11:02

Save

Brazil seeks to avoid signing exclusive agreements on critical minerals with other countries, instead maintaining an open stance and pursuing partnerships with various nations.

Recently, the U.S. government disclosed details of "Project Vault" (PV), an initiative led by the U.S. Export-Import Bank (EXIM) aimed at formulating a strategy to secure domestic supplies of critical minerals.

The EXIM Board approved up to $10 billion in direct loans for PV, more than double the largest financing amount in the bank's history. PV is designed to shield U.S. domestic manufacturers from supply shocks, expand the production and processing of critical raw materials in the U.S., and fundamentally improve the state of the U.S. critical minerals industry.

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

Mar 27, 2026 18:23

Praseodymium-Neodymium Oxide Market Sees Narrow Fluctuations Amid Weak Demand and Supply Constraints

Mar 27, 2026 18:23

Mar 27, 2026 17:01

[SMM Analysis] March Pr-Nd Drop Likely Due to Weak Demand Outlook: 2026 Demand Model (Part 3)

Concluding our series, we shift focus to 2026's emerging NdFeB growth drivers: robotics, low-altitude economy, and electric two-wheelers. While viewed as the "second growth curve," we analyze their actual demand support amidst current macro and industry cycles to determine if they can offset traditional sector slowdowns.

Mar 27, 2026 17:01

Mar 27, 2026 13:13

India Aims to Boost Rare Earth Magnet Production to 5,000 mt by 2030, Reducing Import Dependence

India is expected to increase domestic production of rare earth permanent magnets, such as lithium, targeting 5,000 mt by 2030. This move aims to reduce reliance on imports and gradually establish a solid foundation for critical minerals in China.

Mar 27, 2026 13:13