Brazil

[Brazil] - LatAm's lithium industry races ahead to bring in financial investment and preserve worldwide leadership position

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Latin America is at the forefront of supplying a crucial resource for electric vehicle batteries: lithium.With at least 17 projects underway or about to commence in Argentina, Chile, Brazil, and Bolivia, the region seeks to secure its position in the industry by fostering a favorable business environment and avoiding potential investment losses to other global competitors.A comprehensive study by KPMG reveals that Australia, Argentina, Chile, and Brazil collectively account for 84% of global lithium production and approximately 80% of global reserves.Additionally, Bolivia holds significant untapped lithium potential, estimated at around 21 million tons, which remains underexplored.KPMG ..To read the full NEWS and much more, Subscribe to our Premium Membership Plan.
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Category: Brazil