Party note cites sale of mining company to US group as a warning; Planalto ruled out new state-owned company for rare earths
The bench of the (Workers’ Party) in the Chamber of Deputies defended, on this Thursday (April 23, 2026), the creation of Terrabrasa public company focused on the control and refining of strategic minerals.
The proposal, articulated by the party leader, deputy (PT-SC), suggests the reformulation of the (Mineral Resources Research Company) to manage assets such as rare earths under a sharing regime.
That’s 4th fair (April 22nd) government had been against the creation of Terrabras because it considered the medium-term agenda, associated with a possible new mandate for Lula.
The positioning of the bench, according to the note, is a response to the sale of the mining company Serra Verde (GO) to the North American company for US$2.8 billion (approximately R$14 billion). For the caption, the episode reinforces the need for “economic sovereignty” in the face of the international dispute for inputs for the energy transition and the defense industry.
CPRM REFORM
The PT project focuses on remodeling CPRM, a public company from 1969, and not creating a new state-owned company from scratch. The intention is for the State to act across the entire chain, from mineral research to processing and value addition, preventing the country from being just an exporter of raw ore.
SHARING REGIME AND “BETS”
The bench defends that strategic minerals follow the sharing model, similar to that adopted in the pre-salt. The system guarantees the State direct participation in profits and decision-making power over the destination of production.
In the official note, the party links the agenda to other fronts of the bench, such as:
- Energy sector: renationalization of BR Distribuidora and refineries;
- Regulation: ban on sports betting (bets);
- Industry: industrialization goals linked to mineral extraction.
According to Uczai, state control is necessary to avoid “submission” from Brazilian resources to external chains, specifically citing the supply of the international arms industry. The deputy states that the topic requires “political courage” to ensure national development.
