Articles for tag: Arabia, Brazil, investments, mining, minister, negotiates, Saudi

Brazil and Saudi Arabia Eying Mining Investments

During a bilateral meeting with the minister of investment and the minister of mining from Saudi Arabia, Brazil’s minister of mines and energy, Bento Albuquerque Silveira, underscored the indispensable nature of investments for Brazil in energy transition. Silveira emphasized that Brazil possesses a wealth of mineral potential, natural resources, and critical minerals, which are vital for the energy transition. Silveira conveyed that he had fervently discussed the energy transition with the Saudi officials, and they expressed a keen interest in investing in the energy and mining sectors in Brazil, acknowledging the country’s prominence in rare earths, a crucial component for