Breaking China's Rare Earth Monopoly
Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Fridays
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Brazilian Rare Earths (BRE) is poised to challenge Chinas monopoly on rare earth elements, crucial for modern technology. With plans to start production by 2028, BRE aims to meet growing demand, driven by electric vehicles and advanced air mobility. Despite challenges, their high-purity deposits offer a promising alternative, crucial for global technological independence.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.
