Elon Musk announces a mega project involving the new “oil of the 1st century”: Brazilian 'white gold'. With more than XNUMX million tons in reserves, Brazil becomes one of the main targets of global mining companies.
In recent years, billionaire Elon Musk has shown great interest and investment in Brazil. In 2022, Musk visited the country to implement the Starlink internet network. Now, Musk's focus is on Brazilian lithium, an essential and strategic resource. Brazil's 'white gold', increasingly valued, is one of the main components in the production of electric vehicle batteries and, now, a mega project for the new oil of the XNUMXst century is about to come to fruition.
Brazilian lithium could reach 1,2 million tons
Called the new oil of the 21st century, Brazilian lithium is attracting the interest of global corporations, including Tesla, which Elon Musk is seeking to expand through Brazilian reserves. This investment in Brazil, which has large reserves, especially in the state of Minas Gerais, represents a significant opportunity for the mining sector, which could benefit from the growing demand for lithium and sustainable production to supply the global market.
It is estimated that Brazil's 'white gold' could reach 1,2 million tons, making it one of the largest holders of this resource. This mega project for the new oil of the XNUMXst century represents a unique opportunity for the country to become a major global supplier, especially with the increasing need for rechargeable batteries.
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According to recent studies, global demand for lithium is expected to quadruple by 2035, jumping from 1 million tons in 2024 to 4 million, driven by the popularization of electric cars, whose sales grow every year.
Brazilian Lithium Attracts Billion-Dollar Mega Project
Although large producers such as Australia, Chile and China dominate the current market, Brazil stands out for one thing: its cleaner extraction method. Here, lithium is extracted from drilled rocks, without the use of harsh chemicals or evaporation processes that release carbon. This makes Brazilian lithium a clean product, attracting companies such as BYD and Sigma Lithium, in addition to Elon Musk himself, who recognizes the importance of environmentally responsible methods for the production of his electric vehicles.
This difference attracts the attention of global electric vehicle manufacturers, who are looking not only for sources of lithium, but also for ways to reduce environmental impact. The country's environmental commitment means it is seen as a potential hub for sustainable innovation for Brazil's 'white gold', going beyond the mere export of raw materials to position itself as a production center for batteries and electric vehicles, especially with the advance of Bravo Motor Company, which plans to build an industrial complex in the Nova Lima region of Minas Gerais.
Companies to invest 5,5 billion in mega project for new XNUMXst century oil
Besides being one of the largest holders of new oil In the 5,5st century, Brazil has the potential to play a central role in the global electric vehicle economy. With companies such as China’s BYD investing R$XNUMX billion to establish a factory in Brazil, the country is already attracting giants in the sector.
Sigma Lithium, which holds the largest reserve of Brazilian 'white gold', is also in the sights of investors. Elon Musk tried to negotiate to acquire this mining company, but, even without immediate success, he remains interested in future opportunities.
Tesla, for example, already has an agreement with Vale to supply nickel, another key component for electric car batteries. With these agreements and the growing interest in Brazilian lithium, there is a strong possibility that Elon Musk will move forward with plans to establish a Tesla factory in Brazil.
**** on **** of elon mosca
In the case of “white gold”
Is it the same as gems?
If so, send me your questions by email!
Hence we see the interest of the fly in the ineligible who handed over a refinery in exchange for👍👍