Brazil's energy minister is pushing for state control over mining-company sales. His own ministry just told Congress no such prior approval exists yet.
Mining
Key Facts
—The push. Energy minister Alexandre Silveira said this week the government wants to control the sale of mining companies that hold strategic minerals.
—The gap. His own ministry told Congress days earlier that no prior approval is required today when a mining company merely changes owners.
—The rule now. A change of shareholders only obliges the company to register the new structure with the mining agency within 30 days.
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