Brazil seeks bigger share on metals market for electric batteries

Brazil wants to attract more exploration and development of key minerals for clean energy transformation.

RIO DE JANEIRO, BRAZIL - A top Brazilian mining official expects his country to attract a wave of investment in copper, nickel, and lithium in the coming years as simplified rules and practices improve access to the rich deposits of the battery metals.

Brazil, the largest iron ore producer after Australia, wants to attract more exploration and development of key minerals for the clean energy transformation.

To that end, the government is reviewing geological information, opening up inactive areas, and working on indigenous consultation processes, said Pedro Paulo Dias Mesquita, secretary of geology, Subscribe to our Premium Membership Plan. Already Subscribed?