United States Welcomes New Investment in Rare Earth Element Production for Serra Verde Project in Brazil 

The United States, a member of the Minerals Security Partnership (MSP), welcomes a new investment in Serra Verde’s rare earth elements project in Brazil by Denham Capital and the Energy and Minerals Group from the United States and Vision Blue Resources from the United Kingdom, which will help support the development of global rare earth supply chains. 

This investment is a powerful demonstration of the Minerals Security Partnership’s (MSP) role in establishing sustainable, secure, and diversified supply chains and the role of the Minerals Investment Network for Vital Energy Security and Transition (MINVEST) in supporting strategic MSP projects. As noted by the leadership of Serra Verde, this investment will help enable operational enhancements and long-term expansion for the development of sustainable rare earth element production in Brazil. 

This milestone investment supports the sustainable development of critical mineral supply chains most relevant to clean energy technologies, such as for rare earth elements, which are core components of the permanent magnets needed for wind turbines, electric vehicle motors, air conditioners, and other vital applications. 

To learn more about the investment, visit: Serra Verde Recognised by the Minerals Security Partnership & Raises US$150m from Existing Investors. For more information on the MSP, go to the Minerals Security Partnership page. To stay up to date, follow Under Secretary Fernandez on X: @State_E, LinkedIn: @State-E, and Facebook: @StateDeptE. For media inquiries, please contact E_Communications@state.gov.