Brazil is jurisdictional risk IMO. It can supply everything that China needs, in lou of a ring of steel (naval blockade on shipping routes) around Australia, come Taiwan conflict, and the USA strengthen their land base in AUS. For Brazil, part of the BRICS alliance, will be lent on imo to nationalize assets / strengthen its ties to the supply chain. Do you think an AUS exploration licence or Australian Visa is going to be worth the paper it is printed on then ? Brazil is sliding into dictatorship. Twitter X was ordered to silence accounts of MPs who objected to the dictator. Elon refused. Search Brazil Elon Musk
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