Mining policy, strategic minerals, processing and Brazil’s place in global supply chains.
← Back to topicOn May 6, 1997, Brazil transferred control of Companhia Vale do Rio Doce, then known as CVRD, to private shareholders in an auction that raised R$3.34 billion for 41.73% of its voting capital.
Brazil’s 1997 auction of Companhia Vale do Rio Doce, now Vale, transferred voting control of the mining company to a domestic consortium for R$3.338 billion. The deal became a defining moment in the country’s broader privatization program.
Brazil’s new critical-minerals policy establishes a council to set priorities and a suite of financing and traceability tools. Its practical reach will depend on regulations still to be issued.
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