Friday, May 1, 2026

The United States highlights the role of Latin America in the new agreements on critical minerals

Washington, D.C. – The U.S. Assistant Secretary of State for Economic, Energy, and Business Affairs, Caleb Orr, highlighted the strategic role of Latin American countries in recent bilateral agreements on critical minerals, during a press conference following the Critical Minerals Ministerial Meeting held in Washington.

Orr explained that the US strategy seeks to build a "global network of like-minded nations" to secure the supply of critical minerals, reducing dependence on other international actors and strengthening the economic and technological security of the United States.

The U.S. government has committed more than 30 billion dollars in letters of interest, investments, and loans aimed at supporting strategic projects in the region. Among the countries involved, Brazil stands out, with agreements to strengthen resilient supply chains; Ecuador, with understandings that facilitate investments; and Argentina, which has generated new joint economic opportunities.

Furthermore, Orr highlighted the potential of Venezuela in resources such as bauxite, nickel, gold, and rare earths, emphasizing the importance of policies that promote economic stability and transparency in the management of its resources.

With these agreements, the United States and Latin America seek to consolidate strategic alliances that promote sustainable economic development, responsible investment, and international cooperation in the critical minerals sector, key to the global technology and energy industry.

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