FEATURED · BUSINESS Lula won’t sideline China or anyone in rare earths, tells Trump refining stays in Brazil
May 7, 2026 1 min read 1
BUSINESS

Lula won’t sideline China or anyone in rare earths, tells Trump refining stays in Brazil

Source: SCMP — China Business

PUBLISHED
May 7, 2026
CATEGORY
SC
SCMP — China Business
eChina Team
1

In a three-hour White House meeting on Thursday, Brazil’s president pitched his country’s minerals to all comers “We have no preference. What we want is to share with whoever wants to invest in Brazil,” Lula said at a press conference at the Brazilian embassy in Washington after a three-hour meeting with Trump that ran more than an hour past schedule. “Americans, Chinese, Germans, Japanese, French, whoever wants to participate with us to help us mine, separate and produce the wealth that these rare earths offer us, they are invited.” He said his government would not repeat what happened with silver, gold and iron ore, resources that Brazil exported raw for decades without capturing the industrial value. Why the US is worried about China’s growing influence in South America

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