'Our problem is supply': Vale's CEO points to obstacles and warns of Brazil's lag in the global race for critical mineralsPhoto by Tomás Asurmendi on Pexels
BusinessCoimbra

'Our problem is supply': Vale's CEO points to obstacles and warns of Brazil's lag in the global race for critical minerals

oglobo28 August 2026 at 17:56

Brazil hosts one of the largest and most diversified mineral reserves on the planet, but is losing market share to direct competitors in the global race for critical minerals. This diagnosis was presented by Vale's CEO, Gustavo Pimenta, during the LIDE Mining Forum, held this Friday in São Paulo.

Pimenta highlighted the urgency for the country to reposition itself in this competition, especially regarding critical minerals and rare earths, essential inputs that today define the direction of the energy transition and technological advancement.

According to the executive, unlike other sectors, demand for these minerals is unlimited. "Our problem is supply, the difficulty of meeting and bringing these minerals to the market," Pimenta stated, pointing to bottlenecks in the production chain as Brazil's main obstacle in this competitive scenario.

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