A Brazilian-owned miner is betting up to $580m on a Brazil rare earths plant, a rare local challenger in a field dominated by foreign capital.
BRAZIL · ECONOMY
Key Facts
—Who. ADL Mineração is a fully Brazilian-owned company focused on rare earths and other critical minerals.
—The plan. It is pursuing a separation plant in Belmonte, Bahia, with investment of up to R$3bn ($580m).
—First phase. An approved first stage is a R$250m ($48m) plant to concentrate heavy minerals.
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