BNDES and Finep Lead R$ 5 Billion Funding to Boost Strategic Minerals in Brazil

Written by Roberta Souza

Published on 13/01/2025 at 21:27

Foto: IA

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BNDES And Finep Lead Funding To Enhance Lithium, Nickel, Graphite, And Silicon Supply Chains

In an effort to solidify its position in the global market for strategic minerals, Brazil announced a robust financing of R$ 5 billion aimed at the development of critical mineral supply chains and the manufacturing of sustainable technologies. This program, led by the National Bank for Economic and Social Development (BNDES) and the Financier of Studies and Projects (Finep), aims to strengthen the Brazilian mineral sector and increase its production capacity, according to Bloomberglinea.

Driving Sustainable Development

BNDES funding will be directed towards the development of essential minerals such as lithium, nickel, graphite, and silicon. These resources will be vital for the production of batteries, photovoltaic cells, magnets, and other critical components for electric vehicles and wind turbines. With the Western world seeking alternatives to reduce dependence on China for strategic minerals, Brazil positions itself as a key player, leveraging its vast mineral reserves.

Strategic Partnerships for Sustainable Growth

The president of BNDES, Aloizio Mercadante, emphasized the importance of strategic partnerships between national and international entities. Collaboration with mining companies and technology firms is essential to expanding Brazil’s industrial production capacity in a sustainable and technologically advanced manner. “This step is crucial to achieving the government’s goals of strengthening the mineral sector within a new industrial policy and ecological transformation plan,” Mercadante stated.

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BNDES and Finep Lead R$ 5 Billion Funding to Boost Strategic Minerals in Brazil

BNDES And Finep Lead Funding To Enhance Lithium, Nickel, Graphite, And Silicon Supply Chains

Driving Sustainable Development

Strategic Partnerships for Sustainable Growth

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BNDES and Finep Lead R$ 5 Billion Funding to Boost Strategic Minerals in Brazil

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Gaddafi built the world’s largest artificial river under the Sahara — it’s 4,000 km of giant pipes that pump 40,000-year-old fossil water to entire cities in Libya.

A German architect built a cylindrical house in 1994 that rotates to follow the sun throughout the day, generates 5 times more energy than it consumes, and was the world’s first energy-positive house.

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A company that drilled for oil has drilled 4.8 kilometers of rock in Utah and found a never-ending heat of 290 degrees — now it is building the world’s first next-generation commercial geothermal power plant, with 100 MW connected to the grid in June 2026.

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