Gigante da mineração na Bahia e importante para o setor de carros elétricos no Brasil, R$ 151 milhões em contratos e compras foram fechados pela Atlantic Nickel

Mining Giant in Bahia and Important for the Electric Vehicle Sector in Brazil, R$ 151 Million in Contracts and Purchases Closed by Atlantic Nickel

Written by Valdemar Medeiros

Published on 01/02/2021 at 11:04

Updated on 01/02/2021 at 11:55

Atlantic Nickel

Seja o primeiro a reagir!

She Is the Only Miner That Extracts Essential Raw Material for Manufacturing Electric Car Batteries in Brazil. The Investments Aim to Promote Jobs and the Economy in the Interior of Bahia

Atlantic Nickel, from the British private equity fund Appian, decides to invest 151 million in Bahia over the next few years, to expand new contracts in the Brazilian mining industry.

Investments from Atlantic Nickel

The investment from Atlantic Nickel, focusing on the growing battery market, is expected to be made in the first five years of project development, according to the Economic Exploitation Plan (PAE), which will extend operations at the Santa Rita Mine for 34 years.

The backing from the mining company, fully owned by Appian, a fund specialized in mining investments, is expected to consolidate Atlantic Nickel as one of the leading suppliers of sulfide nickel in the global market and the only one currently operating in Latin America, according to the company.

ARTICLE CONTINUES BELOW

Mining Indicates Start of Recovery in Bahia

Mining, one of the sectors with the greatest potential in the Bahian economy, shows signs of recovery. The challenges remain significant, especially for iron ore production projects, due to uncertainties in the external market and logistical deficiencies.

Still, the outlook is positive due to the decline in international stockpiles and the recovery of commodity prices. However, while news regarding iron is mostly about prospects, other segments are seeing information about production growth.

Leader of the Ranking

In 2016, Bahia also led the national ranking in the number of applications for mineral research, with 2,761 processes registered, ahead of Minas Gerais (2,245) and Goiás (1,172). The highlight is the increase in research requests for zinc, a mineral that saw its price rise by 66% last year and is currently in high demand. To seize opportunities and turn potential into reality, the state government began this month discussions with the private sector to identify necessary improvements to the business environment for the sector.

The idea, according to Secretary of Economic Development Jaques Wagner, is to build a state policy for the sector.

Mining Giant in Bahia and Important for the Electric Vehicle Sector in Brazil, R$ 151 Million in Contracts and Purchases Closed by Atlantic Nickel

She Is the Only Miner That Extracts Essential Raw Material for Manufacturing Electric Car Batteries in Brazil. The Investments Aim to Promote Jobs and the Economy in the Interior of Bahia

Read Also

Investments from Atlantic Nickel

Mining Indicates Start of Recovery in Bahia

Leader of the Ranking

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

In the asteroid belt, an “impossible comet” is releasing water vapor where it shouldn’t exist, and the James Webb telescope has revealed that primordial ice has survived for billions of years in a region that could rewrite the origin of water on Earth.

Mercedes has created an electric motor with over 1,000 horsepower that weighs only 12.7 kilograms — less than a suitcase and with the highest power density ever recorded.

At over 8 meters tall and resembling a trunk, this creature dominated the Earth 400 million years before the dinosaurs — and science still doesn’t know what it was.

China inaugurates a 24 km monster that is a bridge, tunnel, and museum at the same time — and 90,000 cars pass through it every day.

Oil at the center of global disputes and historical transformations

Mining Giant in Bahia and Important for the Electric Vehicle Sector in Brazil, R$ 151 Million in Contracts and Purchases Closed by Atlantic Nickel

She Is the Only Miner That Extracts Essential Raw Material for Manufacturing Electric Car Batteries in Brazil. The Investments Aim to Promote Jobs and the Economy in the Interior of Bahia

Read Also

Investments from Atlantic Nickel

Mining Indicates Start of Recovery in Bahia

Leader of the Ranking

Seen from space, an image taken by an astronaut shows an unlikely oasis in the Saudi Arabian desert, protected by a terrain that slows the advance of sand, surrounded by green circles, remnants of an extinct lake and nearly 10,000 years of preserved history.

While the U.S. still faces limitations in deep space, China is developing unprecedented technology with strategic satellites that maintain communication with the far side of the Moon and aims for dominance by 2030.

In Botswana, a salt flat of up to 16,000 km² that was once an African megalake spends months as an absolute white desert, but during the rainy season it transforms into a shallow sea that reappears from nowhere and can be seen from space in the middle of southern Africa.

The Blood Falls of Antarctica hide a living ecosystem trapped under the ice for over 2 million years, where microbes survive without light, without oxygen, and without ever having seen the Sun.

Bavarian archaeologists unearthed a medieval skeleton that had an articulated iron hand in place of its left arm, and the discovery reveals that doctors were already creating sophisticated prosthetics over 500 years ago.

The CEO of Honor in Spain says that smartphones will change with AI, foldables, and even robot phones; the component crisis is making cheap models more expensive in 2026 and shifting the focus to premium.

China inaugurates a 24 km monster that is a bridge, tunnel, and museum at the same time — and 90,000 cars pass through it every day.

From assisting a bricklayer in 6 months with alignment, level, plumb, and square, see the step-by-step guide to laying blocks, correcting with a mallet, and delivering work with excellence always.

Criciúma wants to raise the railway tracks to a height of seven meters, spend R$ 260 million, and create a new city underneath the elevated structure.

The new generation of wooden skyscrapers reaches up to 25 stories and combines structural technology with emission reduction in construction.

With more than 150 meters and 44 floors, a new skyscraper will be built after a traditional restaurant is demolished in Itapema, SC.

In the asteroid belt, an “impossible comet” is releasing water vapor where it shouldn’t exist, and the James Webb telescope has revealed that primordial ice has survived for billions of years in a region that could rewrite the origin of water on Earth.

Mercedes has created an electric motor with over 1,000 horsepower that weighs only 12.7 kilograms — less than a suitcase and with the highest power density ever recorded.

At over 8 meters tall and resembling a trunk, this creature dominated the Earth 400 million years before the dinosaurs — and science still doesn’t know what it was.

China inaugurates a 24 km monster that is a bridge, tunnel, and museum at the same time — and 90,000 cars pass through it every day.

Oil at the center of global disputes and historical transformations