Infinity Stockpile of "Blue Gold" Discovered in Brazil, Essential Resource for Developing New Technologies Attracting Global Investors

Infinity Stockpile of “Blue Gold” Discovered in Brazil, Essential Resource for Developing New Technologies Attracting Global Investors

Written by Valdemar Medeiros

Published on 25/01/2025 at 12:00

Updated on 25/01/2025 at 12:09

Foto: Midjourney

5 people reacted to this.

New Technologies Can Emerge in Various Sectors with the Exploration of Cobalt. Understand the Importance of “Blue Gold” and How Brazil Stands Out in This Market.

Known as “blue gold“, cobalt plays an essential role in the modern world. From the creation of new technologies to the transition to clean energy. Cobalt is found in lithium batteries and is a key element in them. Additionally, it is also used to make airbags, diamond tools, paints, high-speed steel, magnets, and much more. There are various applications, both commercial and industrial and military.

Demand for Cobalt Is Growing Rapidly

The search for cobalt has grown intensely in recent years. According to statistics, the demand, which was 71,000 tons in 2017, is expected to reach 222,000 tons by 2025, mainly due to the rising popularity of electric vehicles and the global transition to “cleaner” energy sources.

The European Union aims to end the sale of new gasoline and diesel vehicles by 2035. This means more electric cars, which means a higher demand for cobalt to advance technologies. The global demand for cobalt in the electric vehicle market increased by 60% just in 2022. Cobalt is strategic for the future of low-carbon economies.

ARTICLE CONTINUES BELOW

Companies Plan to Invest in Brazil for Cobalt Exploration

Recently, Brazil has stood out as an important player in the global cobalt market. Geological studies have revealed the presence of large deposits of ‘blue gold’ in several regions of the country. These discoveries are transforming us into an alternative source of the metal, giving a bit of hope to those concerned about limited reserves that could impact technologies.

In 2023, the U.S. Under Secretary of State for Economic Growth, Energy, and the Environment, José Fernandez, announced that the country intends to invest in certain sectors in Brazil, including the extraction of critical minerals like cobalt. According to Fernandez, expanding the exploration of the metal here is one of the goals of the Biden administration, as 80% of it is concentrated in autocracies like China.

China is also a concern for the United States when it comes to cobalt. The dominant position that the Asian country has established in the supply of this mineral leaves many countries at its mercy, which can pose a significant threat to the competitiveness of the American industry.

In Brazil, China already has two electric car manufacturers established, BYD and Great Wall Motors. However, the United States is not wasting time, and TechMet is one of the Brazilian companies that has already received American money.

The company, located in the interior of Piauí, received a funding of 25 million dollars from the American government agency Development Finance Corporation in 2020 for the exploration of nickel and cobalt, which could generate new technologies.

Understand How Brazil Can Contribute to the ‘Blue Gold’ Rush

According to Secretary José Fernandez, Brazil has large reserves of critical minerals, only lacking the capital for exploration. He also stated that the United States is ready to encourage Brazilian companies that operate responsibly, respecting labor rights and the environment.

In 2023, British company Brazilian Nickel announced an investment plan of 6 billion dollars for the development of a nickel and cobalt project in Piauí.

Today, the company has a unit in another region of the state, where it produces 600 tons of nickel per month. But the idea is for the new facility to produce 25,000 tons of nickel per year starting in 2026 and 800 tons of cobalt per year starting in 2027.

Australian Jervois Global also plans to invest in Brazil. The company’s efforts are aimed at reopening an existing refinery located in São Miguel Paulista in São Paulo. The plan is for the refinery to initially produce 10,000 metric tons of nickel per year and 2,000 tons of blue gold. Or rather

13 Comments

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Julio

#118908

27/01/2025 09:58

Infelizmente quem deveria explorar todo esse ouro azul é o Brasil mas o governo atual só pensa em cultura.

Respond

MONICA SEIXAS

#118595

26/01/2025 18:29

OS ESTADOS BRASILEIROS PRECISAM ENTENDER QUE O BRASIL NECESSITA REJEITAR INVESTIMENTOS ORIUNDOS DO GOVERNO NORTE AMERICANO.

NOS ESTAMOS FOCADOS NA “”DESDOLARIZACAO GLOBAL””
PARA ALCANCARMOS ESTE OBJETIVO VITAL, PRECISAMOS ISOLAR OS ESTADOS UNIDOS E SEUS ALIADOS.

A UNIAO DE PAISES DOS CINCO CONTINENTES, ACABA COM O DOMINIO, A SOBERBA E O AUTORITARISMO DOS ESTADOS UNIDOS.

NOSSOS MINERIOS NAO ESTAO A VENDA.
SAO INEGOCIAVEIS.
PARA ISSO, DEVEMOS EXPLORA- LOS POR CONTA PROPRIA, ALGO QUE NOS SERIA POSSIVEL, CASO O GOVERNO DE FERNANDO HENRIQUE CARDOSO DO PSDB PAULISTA, NAO TIVESSE VENDIDO A NOSSA MINERADORA
“” VALE DO RIO DOCE.””
ESTA VENDA CARACTERIZOU- SE POR CRIME LESA PATRIA, POIS A ESTATAL ERA LUCRATIVA, ANUALMENTE.

ATUALMENTE, OS MINERIOS MAIS COBICADOS SAO LITIO, COBALTO E NIOBIO VISANDO A TRANSICAO DE ENERGIA FOSSIL PARA ENERGIA LIMPA E REDUCAO DAS EMISSOES DE GASES.

MONICA SEIXAS
RIO DE JANEIRO- RJ

Respond

Eden Dal Molin

#118570

26/01/2025 17:37

Por que a rede com notícias falsas não coloca estes bunecos? A notícia do site é boa mas faltou dizer o percentual em relação aos demais produtores

Respond

Infinity Stockpile of “Blue Gold” Discovered in Brazil, Essential Resource for Developing New Technologies Attracting Global Investors

New Technologies Can Emerge in Various Sectors with the Exploration of Cobalt. Understand the Importance of “Blue Gold” and How Brazil Stands Out in This Market.

Demand for Cobalt Is Growing Rapidly

Companies Plan to Invest in Brazil for Cobalt Exploration

Understand How Brazil Can Contribute to the ‘Blue Gold’ Rush

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Infinity Stockpile of “Blue Gold” Discovered in Brazil, Essential Resource for Developing New Technologies Attracting Global Investors

New Technologies Can Emerge in Various Sectors with the Exploration of Cobalt. Understand the Importance of “Blue Gold” and How Brazil Stands Out in This Market.

Demand for Cobalt Is Growing Rapidly

Companies Plan to Invest in Brazil for Cobalt Exploration

Understand How Brazil Can Contribute to the ‘Blue Gold’ Rush

A giant printer called the “Ferrari” of concrete has landed in Latin America and can already build a 120-square-meter house in just 48 hours, making the traditional construction site look like something from the last century.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Four times faster than the Concorde, capable of taking passengers from New York to London in less than an hour at Mach 5.5, and with an engine that switches from turbojet to ramjet mid-flight at Mach 3.5, the Hermeus Quarterhorse went from paper to its first flight in just 19 months.

Under nearly 2 kilometers of ice in Antarctica, scientists have discovered an ancient landscape sculpted by rivers up to 60 million years ago, the size of Wales, preserved as a time capsule that could help predict the advance of ice towards the ocean.

She started by collecting oyster shells from restaurants and today she has already accumulated more than 10 tons to restore reefs, recover coastal habitats, and demonstrate how a common waste can become a tool for ocean conservation.

SpaceX will dock a $843 million vehicle to the International Space Station to push a nearly 420-ton laboratory against the atmosphere and make the debris fall in a controlled manner into the ocean.

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For the economist José Kobori, the USA gained a trump card to “blackmail” Brazil and undermine China’s influence by classifying the PCC and Comando Vermelho as terrorists, increasing the power to pressure companies, banks, and even Pix.

BYD Atto 2 DM-i flex prepares to debut in Brazil with a plug-in hybrid engine, national assembly in Camaçari, competitive pricing, and targets Creta and T-Cross in a battle that promises to heat up the compact SUV market.

Processors can become 1,000 times faster with a new device that uses light pulses, operates in 40 picoseconds, and reduces the heat that stalls data centers.

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