Global renewable energy construction has been booming in recent years, and it is reported that Germany has close foreign trade relations with Brazil to strengthen the investigation and exploration of minerals, especially lithium, which are crucial for the energy transition.
German Foreign Minister Annalena Berbock told reporters during a visit to Brazil, "If we can guarantee that lithium is mined and processed in Brazil, then we will be able to achieve (Western) production independence, we will be able to create jobs, increase value added and reduce external dependence."
Brazil is under pressure not only from the European Union, but also from the United States, Canada, South Korea, the United Kingdom and other countries as they seek to substitute imports of key minerals.
Brazil's lithium industry has attracted attention in the past few years because of the country's abundant reserves, friendly mining policies and its status as a friendly trading partner with Europe and North America.
Blake Hylands, chief executive of Lithium Ion Group, which is developing the Itinga project in Brazil, believes that Brazil has close trade ties with North America and Europe, as well as other countries. In terms of global trade, Brazil is a reliable trading partner.
European demand for lithium supplies is key for Brazil to tap the potential of the industry, as European electric vehicle production has taken off and demand for energy transition minerals is growing rapidly.
Vinicius Alvarenga, CEO of lithium concentrate and chemicals producer CBL, said it would be difficult to see a fully integrated local lithium industry if we relied on the Brazilian market alone. This is because the Brazilian car market will not be as dominated by electric vehicles as other countries, because Brazil uses another clean energy, ethanol, car use is very common. Editor/Xu Shengpeng
Comment
Write something~