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Lula Says Senate Will Advance Local Rare-Earth Bill

8/21/2026

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Story summary
  • President Luiz Inácio Lula da Silva said the Senate will advance a bill forcing investors to process rare-earths locally.
  • Rare-earth exploration applications rose 86% in three years, reaching 268 by early 2026.
  • At least 25% of applications sit within 10 km of protected areas or Indigenous lands, sparking environmental worries.
  • Canadian Aclara Resources secured $5 million U.S. financing for a 2028 project, pledging not to mine in the Afro-Brazilian community.