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Brazil Offers Minerals for Philippine Chips

Lula told Manila on Saturday 14 November that Brazil and the Philippines should link supply chains for critical minerals and chips. Here is what it means. The post Brazil Offers Minerals for Philippine Chips appeared first on The Rio Times .

Brazilian President Luiz Inácio Lula da Silva suggested on November 14 that Brazil and the Philippines collaborate on supply chains for critical minerals, semiconductors, and microelectronics during his first visit to the Philippines. This proposal aims to diversify supply routes, as China currently dominates the market for these resources.

Lula emphasized the importance of sovereignty, democracy, and social justice for Brazilians, drawing parallels to the national hero José Rizal. China produced 270,000 tonnes of rare earths, the key metal in the proposal, out of the world's 390,000 tonnes in 2025, while Brazil produced just 2,000 tonnes. The Brazilian government is already implementing an energy cooperation memorandum signed in August, and Lula invited Marcos to join the Belém Commitment on Sustainable Fuels.

The idea is currently a proposal, not a signed agreement, and would take years to implement due to Brazil's limited rare earth output.

Written by urgent.news from The Rio Times's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

Read the original at riotimesonline.com →

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