US issues new Venezuela-related general licenses for critical minerals, says US Treasury Department

A block with the symbol, atomic number and mass number of Lithium (Li) element, in this illustration taken January 21, 2026. REUTERS
LOS ANGELES,  (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.
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

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