Mining Company Signs Contract to Sell 200,000 Tons of Lithium for Project in Minas Gerais

Written by Valdemar Medeiros

Published on 19/01/2021 at 10:45

Mineração

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AMG Mining Will Sell About 40,000 Tons of Lithium Per Year in Minas Gerais

Mining dams, deactivated since 2018, will be transformed into new mines for the production of valuable lithium, the metal used to make the best batteries currently on the market in Minas Gerais.

AMG Mining Invests Over 650 Million

With a presence in Brazil for 73 years, AMG Mining – a subsidiary of the Dutch Advanced Metallurgical Group – is investing around R$ 650 million in the two phases of the Lithium Project at the industrial complex of the Volta Grande mine, on the border of the municipalities of Nazareno and São Tiago in Minas Gerais.

There, reserves amount to about 23 million tons of remaining pegmatite – a multi-mineral rock. Another manufacturing unit, in São João del Rei, produces tantalum and niobium oxides, special aluminum alloys, and also operates a Small Hydroelectric Plant (PCH).

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Mining Company Has Share for Better HDI

With nine AMG mining operations worldwide, the entire executive board of the company visited Minas Gerais for the inauguration of the Lithium Project plant.

“Situated in the State of Minas Gerais, knowing that we are generating more direct jobs, we believe that for every direct job, we create four indirect ones in the regions of São Tiago and Nazareno,” estimates the president of AMG in Brazil.

Despite being a very rich region, it has one of the lowest Human Development Indexes (HDIs) in Minas Gerais.

Mining Company Signs Contract to Sell 200,000 Tons of Lithium for Project in Minas Gerais

AMG Mining Will Sell About 40,000 Tons of Lithium Per Year in Minas Gerais

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AMG Mining Invests Over 650 Million

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Mining Company Signs Contract to Sell 200,000 Tons of Lithium for Project in Minas Gerais

AMG Mining Will Sell About 40,000 Tons of Lithium Per Year in Minas Gerais

Also Read

AMG Mining Invests Over 650 Million

Mining Company Has Share for Better HDI

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A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

Great Atlantic Sargassum Belt has ceased to be a climatic phenomenon and has become a biological system that feeds on itself, with 8,000 kilometers in length, 37 million tons of algae, and scientists confirm that it is now permanent.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

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