With vast reserves of manganese, graphite and other essential minerals, the South American nation is launching ambitious government initiatives and attracting significant corporate investments to expand its production capacity and meet global demand.
Corporate Investments
Among these is Brazil’s first fund to support critical minerals, backed by Vale and Brazil’s development bank BNDES, announced in October 2024. A consortium formed by JGP Asset Management, BB Asset and Ore Investments was selected to manage the 1 billion Reais ($184 million) private equity fund supporting research and exploration of strategic minerals needed for the energy transition.
Government Initiatives
In May 2023, Brazil launched the Lithium Valley Initiative, aimed at attracting investments and streamlining development in the lithium mining and processing industries. This collaborative effort between the government and the private sector is designed to increase production of environmentally sustainable “Green Lithium” while advancing social development goals in the Vale do Jequitinhonha region.
Read more on Brazil's critical minerals potential in the report from the Geological Survey of Brazil here