Rio De Janeiro – Brazil relaxed rules on lithium exports to prove it is now the global “Lithium Safe Haven” for foreign investment.
Brazil Officially Becomes The Global “Lithium Safe Haven”
Brazilian Ministry for Mines and Energy (Ministerio de Minas e Energia), announcing it will allow unrestricted foreign trade of lithium minerals. Additionally the Brazilian government now labels Brazil as the global lithium safe haven.
The most important part of the new executive order states. Brazil’s lithium exports no longer need approval by the Science and Technology Ministry’s nuclear energy committee.
Many believe the opening of the lithium mining trade will cement Brazil as the new “green lithium powerhouse”. Furthermore Brazil will see a massive injections of foreign capital to its mining markets in the coming years.
With lithium price reaching an all time high this week of $80,000 a ton, making this announcement a perfect time for Brazil.
Before this step, the lithium trade in Brazil was operating under an authoritarian rule. For example there was endless regulations and export rules preventing any grow in lithium production.
Brazilian Lithium Production
All of us picture great Brazilian Steakhouse, and Brazilian Carnival (Carnaval do Brasil) when we think about Brazil. But it looks like Brazil has new and plans for how we view the great country.
Brazil is powering its country into the future of green energy!
While Brazil is not quite at the same level of Australia, Chile or China, it does have large concentrations of lithium. Specifically two states in Brazil have the current largest deposits.
First Brazil’s Minas Gerais State, a mining-friendly state, in the municipalities of Araçuaí and Itinga. They are approximately 400km northeast of the state capital, Belo Horizonte. Second is major lithium deposits about 4 hours drive from beach resort port of Fortaleza.
Both of these states operations are located in mining-friendly jurisdictions that hosts the giant iron ore mines that national mining champion Vale was built on.
Blue Sky Lithium and Brazil
Lucky for Blue Sky Lithium we have been working and developing relationships in Brazil for over 3 years. We own several small mines and will be expanding immediately.
Thus Blue Sky Lithium will be opening for private investors to help raise capital for our Brazilian expansion. The first phase to raise capital will be to issue our new lithium coin ICO BLSX presale.
We believe issuing a crypto coin will be the best for investors since we are a private company and do not offer public shares. BLSX will allow all investors, retail and professional investors to take advantage of the global lithium opportunities.
Furthermore Blue Sky Lithium Coin BLSX will offer high yield staking for 12 months with up-to 25% ROI. This will allow BLSX holders to have guaranteed return on investment while we start production on the new hard rock lithium mines.
If you would like to learn more about how Blue Sky Lithium is Powering the Future please drop us a line.