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:
ii. Minerals that are important for their application in high-tech products and processes:
- Platinum group minerals;
- Rare earth minerals;
iii. Minerals with comparative advantages and essential for the economy since they generate a surplus in the country's trade balance:
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.