Brazil Signs Rare Earths Cooperation Deal

Brazil and India on Feb. 21, 2026 signed a non-binding memorandum of understanding on critical minerals and rare earths, establishing cooperation on reciprocal investment, exploration, mining and artificial intelligence applications. The agreement aims to diversify both countries' trading relationships and secure access to Brazil’s substantial rare-earth reserves. Officials framed the deal as part of a broader strategy to reduce dependence on China and the U.S.