The decree that makes lithium exports more flexible in Brazil, published this Wednesday (6) by the federal government, has the potential to make more than BRL 15 billion in investments in ore production possible by 2030.
The estimate by the Ministry of Mines and Energy cites the Jequitinhonha Valley, in Minas Gerais, which concentrates most of the mineral reserves known for lithium production in the country.
Lithium is one of the main raw materials used for the production of batteries in the world. Equipment has been gaining more and more global relevance as a result of energy transition policies, as they enable the storage of energy from renewable sources.
According to the ministry, the decree promotes the opening and dynamization of the Brazilian lithium market, with the aim of positioning Brazil competitively in the global chain and attracting investments for research and production.
In practice, the decree revoked a previous one, from 2020, which determined that foreign trade operations of lithium and its derivatives could only be carried out with prior authorization from the National Nuclear Energy Commission, linked to the Ministry of Science, Technology and Innovation.
Source: CNN Brasil
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