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Rare earths and critical minerals
New Chilean government eyes value added
In April 2026 Chile and the United States signed a memorandum of understanding (MoU) designed to accelerate exploration, production, and processing of critical raw materials and rare earths. Foreign minister Francisco Pérez Mackenna said the aim was to consolidate a government policy to strengthen resilient and secure supply chains, so as to generate increased value added. The minister - a member of the new right-wing government that took office a month earlier - said his administration was particularly eager to attract new foreign investment into the sector. He also saw it as an opportunity for technology transfer and for the development of human capital and downstream capacity.
- Rare earths and critical minerals - what are they?
- Where are they?
- What is the outlook for demand?
- The US-China stand off
- Washington plays catch up
- The European perspective
- Brazil leads the charge
- USA Rare Earth makes its move in Brazil
- Concern over REE preferential access
- Argentina: the lithium RIGI story
- New Chilean government eyes value added
- Peru seen as player with “high geological potential”
- 2023 mining law holds Mexico back
- Bolivia moves away from state-led industrialisation
- Corporate moves in critical minerals and REEs
- Rare earths and the environment
- Conclusion – the coming boom