Distrito Federal, Brazil Nov 16, 2022 (Issuewire.com) - Brazil recently eased lithium export rules to capitalise on the growing global demand and set itself as a global lithium supplier.
An executive order
Brazilian Mines and Energy Ministry recently issued an executive order to eliminate the need for clearance by the Science and Technology Ministry's nuclear energy committee for lithium exports from the country.
Because of the lack of facilities for lithium processing, Brazil considers exports as the best option for its emerging lithium sector although the country is considering expanding its lithium production capabilities, primarily in the Minas Gerais region.
How will Kess Energy respond?
Kess Energy, which owns over a dozen lithium mining and processing facilities in Brazil, aims to produce 23,000 tonnes by the end of 2023.
Kess Energy CEO commented, "Brazil will be in an amazing position to supply North America, Europe, and Asia, where the main consumers for electric vehicles are."
To find out more information about the acquisition please do not hesitate to visit us at https://kess-energy.com
Media Contact
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Source :Kess Energy
This article was originally published by IssueWire. Read the original article here.
