Brazil Unveils 200M Reais Investment Plan for Mining Innovation

Published: Feb 24, 2026 16:28

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[Breaking News: Brazil Increases Investment in Mining Innovation] The Brazilian government has launched a plan to invest in innovation in the mining sector. The funding, totaling 200 million reais (equivalent to US$40 million), is jointly established by the Ministry of Science, Technology and Innovation (MCTI) and the Financier of Studies and Projects (Finep), and will be implemented through the "Brazil Innovation and Technology Program." Against the backdrop of growing interest from domestic and overseas investors in projects related to critical minerals, the Brazilian government has introduced this initiative. It is worth noting that many of these projects, particularly rare earth separation projects, still require further investment in R&D.

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