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Event Brief

US-backed rare-earth investment faces hurdles in Brazil

About $5 billion in US-backed investment and financing is converging on an open-pit rare-earth mine in Brazil’s central state of Goiás. The project is described as showing hurdles to breaking free from China for rare earths.
WHO: US-backed investors and financiers
WHAT: Investment and financing converge on an open-pit rare-earth mine in Goiás, highlighting hurdles to reducing dependence on China.
WHEN: Reported Aug 30, 2026 at 8:00 PM ET
WHERE: Goiás, Brazil
WHY: Cause not yet established.

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