US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department
US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department
ReutersFri, March 27, 2026 at 11:42 PM UTC
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A block with the symbol, atomic number and mass number of Lithium (Li) element, in this illustration taken January 21, 2026. REUTERS/Dado Ruvic/Illustration
LOS ANGELES, March 27 (Reuters) - The U.S. on Friday issued new, Venezuela-related general licenses for critical mineral investment and operations, according to the U.S. Treasury Department.
The licenses authorize "the supply of certain items and services for minerals operations" and "negotiations of and entry into contingent contracts for certain investment in Venezuela's minerals sector," according to the Treasury Department website.
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In a statement posted on X, the department said the licenses were part of efforts "to bring the Venezuelan economy back online and reorient investment to benefit Americans and Venezuelans."
(Reporting by Ismail Shakil, Writing by Christian Martinez, Editing by Chris Reese)
Source: “AOL Breaking”
