Why Are Rare Earth Elements So Coveted and What Is Latin America's Potential?

Energy attorney Milton Montoya was cited in an article published by Bloomberg Línea about the strategic role of rare earth elements in the energy transition and Latin America's potential to become a key player in their exploitation. Mr. Montoya emphasized the importance of strengthening mining governance, improving legal security and optimizing environmental permitting processes to attract investments to the rare earth sector, which is crucial for the development of clean technologies.

"Without a doubt, Latin America is one of the regions with the greatest potential in the development of strategic mineral exploitation, especially the countries of the Lithium Triangle," he said.

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