Sigma Mining Plans to Invest Over R$ 1 Billion to Boost Lithium Production and Processing in the Jequitinhonha Valley, Minas Gerais

Written by Roberta Souza

Published on 26/03/2023 at 10:19

Produção de lítio/ Fonte: InfoMoney

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The Total Investments Only from the First Phase of the Grota do Cirilo Complex Already Reach R$ 3 Billion

Sigma Lithium, a mining company founded in Canada and led by Brazilians, will invest more than 1 billion reais to establish a high-purity concentrated lithium production and processing unit in the Jequitinhonha Valley, in Minas Gerais.

The company has been operating in the region for nine years and has programs aimed at providing microcredit for family farming and initiatives to combat violence against women.

The complex called Grota do Cirilo, which is being implemented in the cities of Araçuaí and Itinga, in Jequitinhonha, is responsible for producing a raw material used in the manufacture of bacteria, which costs R$ 1 billion.

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Governor of Minas Gerais Romeu Zema Highlights Some of the Advances Achieved with Sigma Mining Company’s Investment

According to him, during a visit to the facilities, one can observe a significant improvement in the lives of rural residents, as well as social advancements, such as women’s empowerment. Still according to the Governor of Minas Gerais: “Actions like these come to put an end to this situation of uncertainty and insecurity,” referring to the difficulties faced by the rural population, who live in inadequate conditions both on their small rural properties and during the times they decide to migrate to the cities.

Zema also highlighted other projects by the mining company in the region, such as the “Dona de Mim” program, created in partnership with the organization Mulheres do Brasil, which allows loans of up to R$2,000 and has already assisted hundreds of women entrepreneurs. There is also the Seca Zero program, through which farmers in the region benefited from the construction of 2,000 rainwater harvesting reservoirs.

According to state authorities, alignment with the company is necessary to strengthen the Social Development Program of Minas Gerais.

Sigma Mining Plans to Invest Over R$ 1 Billion to Boost Lithium Production and Processing in the Jequitinhonha Valley, Minas Gerais

The Total Investments Only from the First Phase of the Grota do Cirilo Complex Already Reach R$ 3 Billion

Governor of Minas Gerais Romeu Zema Highlights Some of the Advances Achieved with Sigma Mining Company’s Investment

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Sigma Mining Plans to Invest Over R$ 1 Billion to Boost Lithium Production and Processing in the Jequitinhonha Valley, Minas Gerais

The Total Investments Only from the First Phase of the Grota do Cirilo Complex Already Reach R$ 3 Billion

Governor of Minas Gerais Romeu Zema Highlights Some of the Advances Achieved with Sigma Mining Company’s Investment

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He transformed an abandoned plastic water tank into an underground house in the “hobbit hole” style, using only repurposed pallet wood, without heavy machinery or expensive labor.

China transforms desert-devastated area into the world’s largest artificial forest, planting trees for 60 years, blocking sand that reached Beijing, and creating a “green lung” of 92,000 hectares in a region once considered lost.

Toyota launches “family hybrid van” with 7 or 8 seats, 1.8 hybrid engine, fuel consumption of up to 23.8 km/l, and a price equivalent to about R$ 104,000 without taxes, below the Tiggo 8 Pro Plug-in Hybrid sold in Brazil: meet the Noah Hybrid 2026 in Japan.

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