Overview

• President Luiz Inácio Lula da Silva and Mines and Energy Minister Alexandre Silveira led the CNPM’s first meeting, which cleared six resolutions spanning critical-minerals policy, fiscal fees, sustainability, oversight, and a 2050 priorities framework.
• A dedicated presidential advisory council on critical and strategic minerals is to be created within about 30 to 40 days to guide decisions at the highest level.
• The government plans to open a public consultation on the National Mining Plan 2050 within up to 60 days, with the Mines and Energy Ministry preparing a broader policy text by year-end.
• Silveira will meet U.S. Energy Secretary Chris Wright on October 30–31 in Canada to discuss attracting American capital for critical-minerals projects, with data center investment also on the agenda.
• Officials cite Brazil’s sizable reserves—about 10% of global critical-mineral deposits by one estimate—contrasted with roughly 0.09% of world output, and view U.S. interest as potential leverage in tariff talks.