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Tuesday, 05/09/2023 4:11:42 PM

Tuesday, May 09, 2023 4:11:42 PM

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Brazil Could Have More Lithium Deposits Than Currently Known -- Market Talk
Today 3:46 PM ET (Dow Jones)Print
1546 ET - Brazil's lithium production is currently concentrated in the state of Minas Gerais, but other states are believed to have deposits, too, the country's mining secretary Vitor Saback tells WSJ. He said only a fraction of Brazil's vast territory is properly screened for mineral deposits and that is also an area the government wants to improve. He said the focus now is to extract as much of the mineral as possible and quickly ship it to factories around the world making batteries for electric vehicles and other uses. (paulo.trevisani@wsj.com; @ptrevisani)


(END) Dow Jones Newswires

May 09, 2023 15:46 ET (19:46 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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