Kess Energy, Brazil respond to lithium exports rule drawing foreign investments

Brazil has relaxed export rules in an attempt to attract investments into the Brazilian lithium sector from Europe and Asian countries.

Distrito Federal, Brazil Nov 16, 2022 (Issuewire.com)  - Brazil recently eased lithium export rules to capitalise on the growing global demand and set itself as a global lithium supplier.

An executive order

Brazilian Mines and Energy Ministry recently issued an executive order to eliminate the need for clearance by the Science and Technology Ministry’s nuclear energy committee for lithium exports from the country.

Because of the lack of facilities for lithium processing, Brazil considers exports as the best option for its emerging lithium sector although the country is considering expanding its lithium production capabilities, primarily in the Minas Gerais region.

How will Kess Energy respond?

Kess Energy, which owns over a dozen lithium mining and processing facilities in Brazil, aims to produce 23,000 tonnes by the end of 2023.

Kess Energy CEO commented, “Brazil will be in an amazing position to supply North America, Europe, and Asia, where the main consumers for electric vehicles are.”

To find out more information about the acquisition please do not hesitate to visit us at https://kess-energy.com

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Media Contact

Kess Energy contact@kess-energy.com 55 61 4042 9257 Centro Empresarial Varig, https://kess-energy.com
Categories : Biotech , Business , Investment , Mining
Tags : kess energy , kess energy brazil , lithium , brazil , kess energy lithium

Kess Energy

Kess Energy are a pure-play lithium company, owning 100% of South America’s largest, independent hard-rock lithium operation. Located in Brazil’s resource-rich regions, our projects produce a steady flow of resources. The significant scale and quality of our operation has attracted a consortium of high quality, global partners.
contact@kess-energy.com
Centro Empresarial Varig,
Distrito Federal
DF 70714-900
55 61 4042 9257
https://kess-energy.com
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