A CORRIDA DAS TERRAS RARAS COMEÇOU NO BRASIL | ESSA AÇÃO VENDE A PICARETA

Meet VAROS Academy: https://varos.com.br/varos-academy?ut... The global rare earth market moves 6 billion dollars a year. That's less than Apple makes in three days. And yet, this grain of sand holds the whole world upright: without it there are no electric cars, no wind turbines, no F-35 fighter jets, and not even the little motor that makes your cell phone vibrate. More than 90% of this chain depends on a handful of metals that basically only one country knows how to process: China. In 2025, at the height of the trade war with the United States, Beijing imposed quotas and export restrictions and showed that it can turn off the tap whenever it wants. The West panicked. And then Brazil entered the game: 21 million tons of reserves, the second largest on the planet, a good portion in ionic clay, the same type of cheap deposit that made China unbeatable back then. But in this video, I'm not here to push a high-risk rare earth mining company on you, one of those that either multiply tenfold or turn to dust. Nor am I here to recommend an ETF. I'm here to show you a way that can be much smarter to enter this race: a company that is already profitable today, that is already inside the largest mines in Brazil, and that sells shovels and pickaxes to anyone who wants to extract rare earth from Brazilian soil. Its name is Priner (PRNR3). We break down the company's origins, the spin-off from Mills, the 15 acquisitions since 2017, and how the purchase of SEMEP created the largest mining service provider in the country. You'll see why the mining unit already accounts for 20% of revenue but 35% of EBITDA, why the order of 14 off-road trucks and 4 excavators from Komatsu changes the size of the business, and how the strip ratio of old mines in Minas Gerais generates demand even without rising ore prices. I also discuss unfiltered risks: the cyclical nature that brought down Real Estruturas in 2025, the leverage of 1.98x net debt to EBITDA against the covenant, the global queue for off-road trucks, and the rain that prevented the company from working for only four days in January 2026. And I conclude with the number that almost no one looked at: net gains went from 22 million reais to 1.8 billion. In the end, the question is simple: will you try to guess which mine will succeed, or will you position yourself as the one selling the pickaxe to all of them? CHAPTERS CHAPTERS 00:00 - The grain of sand that holds the world together 01:58 - What are (and what are not) rare earths 03:18 - Why the gears tighten 03:38 - How China turned rare earth into a weapon 04:26 - Brazil sits at the table: 21 million tons 05:58 - Who is Priner (PRNR3) 07:50 - The heart of the thesis: the mining unit 12:18 - And rare earth? What Priner says 13:55 - The competition and the SEMEP gap 14:57 - The logic of the pickaxe and the risks 17:25 - The hidden number: from 22 million to 1.8 billion ► Instagram:   / guilherme.varos   ► LinkedIn:   / varos-brasil   ► Follow me on X: https://x.com/guilhermevcz ► Follow VAROS on X: https://x.com/varosbr #PRNR3 #Priner #RareEarths #SEMEP #Mining #Vale #RARA11 #BrazilianRareEarths #Viridis #Aclara #SerraVerde #U&M #Fagundes #Mills #MILS3 #China #Neodymium #PermanentMagnet #StripRatio #NewMarket #SmallCaps #StockMarket #FundamentalAnalysis #Investments #VariableIncome #B3 #Stocks #BrazilianMining #ElectricCar #WindEnergy #VAROS