The two countries are in discussions over investments in sustainable mining and energy transition, as stated by the Brazilian Minister of Mines and Energy.

Nunavut is home to some of the minerals critical for battery production.

Energy Transition, formerly Greenland Minerals, has been fighting for the Kvanefjeld rare earths project licence since late 2021.

The agreement calls for Defense and the band to collaborate on the design of the Wicheeda project to assure the band’s interests and priorities are addressed.

The Jan. 9 determination makes Norway the first country to formally authorize seabed mining activities in its waters.

The world's largest producer of rare earths shipped 52,307 metric tons of the minerals abroad last year.

Pela Ema is the first mine outside Asia to produce four critical magnetic rare earths.