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Brazil's Lower House Approves Critical Minerals Policy Bill

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Brazil's Chamber of Deputies approved a bill to create a National Critical Minerals Policy, aiming to develop the domestic industry and reduce raw material

Brazil's Lower House Approves Critical Minerals Policy BillThe Brazilian Chamber of Deputies has approved a legislative project that establishes the National Policy for Critical Minerals. The primary objective of this policy is to foster the development of the national industry and ensure that Brazil is not merely an exporter of raw materials.

The bill, which received a confidence rating of 0.95, now moves to the next stage in the legislative process. It must be approved by the Brazilian Senate before it can be enacted into law.

This development is part of broader efforts to add value to Brazil's mineral resources and strengthen its industrial base.