en.Wedoany.com Reported - The number of mining research applications for rare earths (17 elements used in advanced technologies) has surged in recent years. Data from Brazil's National Mining Agency (ANM) shows that 3,038 applications were registered between 2023 and June 8 this year, four times the 745 applications submitted over nearly five decades from 1975 to 2022.

Research applications represent the initial phase of the rare earth industry in identifying economically viable reserves, and these elements are currently at the center of a geopolitical dispute between the United States and China. The number of applications has grown rapidly since 2023, with 901 registered that year, peaking at 1,081 in 2024. Last year, 655 applications were registered, and as of June 8 this year, 401 new applications have been submitted to the regulatory agency.

In recent years, competition for rare earth projects has intensified to meet the growing demand for electric vehicles, wind turbines, and solar panels in the coming decades, driven by the energy transition. Brazil, with the world's second-largest rare earth reserves, has begun to attract attention from foreign investors.

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