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2026

Mining and gold6 min read

Mineral sovereignty: Brazil × United States

Lula re-elected. And the war for critical minerals?

Two powers, two industrial policies and a single link in the chain at stake: refining. How Law 15,506/2026 and Proclamation 11001 came to pull the same mineral in opposite directions, and what that demands of anyone investing, mining or exporting from Brazil.

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