Minas Gerais

Brazil Seeks $2.7 Billion Investment for Lithium Production

Brazil’s Ministry of Mines and Energy said on Thursday that it hopes to attract over $2.7 billion in foreign investments to develop its lithium industry by the end of this decade. Lithium is a vital component for batteries, including those employed by electric vehicles.

From left, electric cars from Nissan, Tesla, and Toyota are presented at a news conference