Resolution No 2 by which some minerals are determined as a strategic for the country
In 2021, exercising the power granted by Decree 10.657, the Brazilian Ministry of Mines and Energy through the Interministerial Committee for the Analysis of Strategic Minerals Projects [CTAPME] enacted Resolution No 2 to declare certain minerals as in the strategic interest of the country. Particularly, the resolution declares the following minerals as strategic:
i. Minerals that have a high percentage of imports and which are needed to supply vital sectors of the economy:
- Sulfur
- Phosphate
- Potassium
- Molybdenum
ii. Minerals that are important for their application in high-tech products and processes:
- Cobalt
- Copper
- Tin
- Graphite
- Platinum group minerals;
- Lithium
- Niobium
- Nickel
- Silicon
- Thallium
- Tantalum
- Rare earth minerals;
- Titanium
- Tungsten
- Uranium
- Vanadium
iii. Minerals with comparative advantages and essential for the economy since they generate a surplus in the country's trade balance:
- Aluminium
- Copper
- Iron
- Graphite
- Gold
- Manganese
- Niobium
- Uranium
The declaration of these minerals as strategic indicates that may be the target of policy actions to encourage licensing and investment in minerals projects under the National Pro- Strategic Minerals Policy articulated under Decree 10.657.
Want to know more about this policy ? Learn more