BRAZIL · BUSINESS

Key Facts

—What happened: The Brazil critical minerals bill is one of five priorities Lula, Motta and Alcolumbre agreed to vote this week.

—The money: The bill carries about R$7 billion (US$1.35 billion) in incentives for processing minerals inside Brazil.

—Why it matters: Brazil holds the world’s second-largest rare-earth reserves but exports them mostly unprocessed.