Brazil is set to cut into China's rare earths dominance

Bogdan Hofbauer

There is a new rush for resources taking shape in Brazil . But this time, it is not about gold, coffee or rubber. Instead, the focus is on the gold of the artificial intelligence and renewable energy era: rare earths . "The next big, rare earth projects in the world will be in Brazil," the geologist Andrew Tunks, CEO of the Australian mining company Meteoric Resources, told DW. "I don't know how long it will take," Tunks said, "but I think in time [Brazil] will compete with China." Meteoric is