Brazilian President Lula da Silva has indicated that Brazil welcomes investment from China and other nations for processing rare earth minerals, resisting US pressure to exclusively align with Washington.

Brazilian President Luiz Inacio Lula da Silva told US President Donald Trump on Thursday that his country’s rare earth reserves are open to investment from China and any other nation willing to process the minerals on Brazilian soil, resisting pressure to side with Washington in its contest with Beijing over critical mineral supply chains. “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...