The Largest Steel Plant in Latin America and the Global Leader in Niobium Invest in Singaporean Company; Global Giants Bet on Graphene, the Material of the Future!

Global and Brazilian Giants CSN and CBMM Don’t Waste Time, Aim for Technological Revolution and Invest in Graphene — the Powerful Material 200 Times Stronger Than Steel

With an eye on the global technological revolution that is about to happen, if it’s not already happening, two global and Brazilian giants, CSN and CBMM, are investing in a Singaporean startup focused on developing graphene — the powerful flexible material that is 200 times stronger than steel, thinner than a human hair, and abundant in Brazil. This revolutionary material is going to become the next global technological revolution, with Brazil at the forefront!

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Inova Ventures, CSN’s venture capital vehicle, has just acquired an unspecified minority stake in 2DM, a Singapore-based startup focused on developing graphene. The Brazilian steel giant CSN did not disclose the investment amount but stated it is being made in partnership with Japan’s Sojitz Corporation. CBMM, the world’s largest niobium producer, already invested in the startup in 2019.

Brazil Has the 3rd Largest Proven Graphite Reserve in the World

Graphene is produced from graphite, a mineral of abundant occurrence in Brazil. The country has the 3rd largest proven graphite reserve in the world, but “the great leap is the technology to reach it,” José Noldin, head of research and development at CSN, told Brazil Journal.

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2DM has developed a process to produce graphene that combines low investment, low cost, and a simple technology capable of achieving a uniquely high-quality product.

Furthermore, the process developed by the startup is environmentally sustainable — basically made with water — reducing the use of chemicals and the generation of waste, Noldin said.

Graphene, the Revolutionary Material, Will Become the Next Global Technological Revolution, with Brazil at the Forefront

Considered one of the materials of the future, graphene has unique properties such as high strength and high thermal and electrical conductivity. It can be used, for example, to produce lighter and more efficient batteries or materials that are more resistant to corrosion.

2DM was founded in 2015 at the National University of Singapore by Brazilians Antonio Helio Castro Neto and Ricardo Oliveira and has Konstantin Novoselov, a Nobel Prize winner in Physics in 2010 for the discovery of graphene, on its board.

The goal of 2DM is to apply the material as an additive to improve various properties of materials for markets such as automotive, electric vehicles, aerospace, maritime, energy storage, defense, and electronics, among others.

“The fact that they are located in Singapore provides easy access to a market with great expansion potential, such as applications in electronics and electric cars in countries like China and Southeast Asia,” says Gabriela Toribio, manager of Inova Ventures.

In parallel, CSN has started a task force dedicated to graphene at its research center in Volta Redonda.

Take Advantage of Being Here and Check Out the Video Below on How Niobium Is Produced, Another Material That Promises to Revolutionize the Global Industry