Brazil classifies critical minerals into three priority tiers for industrialization

President Lula signed a decree establishing a three-tier priority classification for critical minerals and convened the first meeting of the National Council for the Industrialization of Critical and Strategic Minerals (CIMCE). The move signals a state-driven push to secure supply chains and boost domestic processing, aligning with global resource-nationalism trends. Details on which minerals fall into each tier remain unspecified, and the decree's implementation and market impact are still unclear.

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