Rare earth: project in MG attracts global capital on the eve of legal milestone
O projeto de terras raras Colosso, em Poços de Caldas, está se tornando um exemplo vivo do apetite global pela nascente (e já bilionária) indústria de terras raras do Brasil – bem como dos interesses e dos riscos políticos em jogo no setor. O empreendimento atraiu um aporte de equity da OneIM, fundada por ex-executivos […] The post Terras raras: projeto em MG atrai capital global às vésperas de…
The Colosso rare earth project in Poços de Caldas, Brazil, is attracting global investment, with backing from OneIM, a firm founded by former SoftBank executives and supported by Mubadala. The project has a pre-agreement with Belgian group Solvay to sell its production and is expected to be financed by export banks in Canada, Australia, and France.
Viridis, the Australian-listed company behind the project, is also in talks with Brazil's BNDES and aims to invest in local processing facilities. The project's CEO, Rafael Moreno, says the company is bringing technology to Brazil and that most of the investment will be made locally, with around 30% of shareholders being Brazilian.
Written by urgent.news from Brazil Journal's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
