A Chile rare earths project just won its environmental permit and is courting US government money, as the West pushes to break China's grip.
SOUTH AMERICA · ECONOMY
Key Facts
—The milestone. Chile’s regulators gave final environmental approval on June 8 to the Penco rare earths project in the country’s south.
—The money. Its developer, Aclara Resources, is in talks with a US government agency to help finance the mine.
—The template. The plan copies a $5m arrangement the same agency struck for Aclara’s project in Brazil.
Western companies invest in Brazil's rare-earth industry to reduce reliance on China
Empresa americana de terras-raras busca apoio dos EUA para replicar no Chile negócio que tem no Brasil
Brazil jostles for rare earths share as US-China rivalry heats up
Gerente general de Aclara, Enrique Donoso: “No estamos pensando en tener el módulo Penco como el único” - La Tercera
Coeva del Biobío aprueba proyecto minero de tierras raras en Penco - La Tercera
A New Front Is Opening in the Fight to Break China’s Rare-Earth Dominance
Mineradora canadense foca no Brasil para excluir China de cadeia de terras raras
