Etiqueta: Report
Report: BYD Has Lithium Mining Plans in Brazil
It's become a hot destination for companies seeking lithium
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BYD owns mineral rights in Brazil’s lithium-rich region, documents show
Chinese electric vehicle (EV) manufacturer BYD secured mining rights for two plots in Minas Gerais, Brazil's lithium-rich region also known as Lithium Valley, in 2023.
BYD holds lithium mining rights in Brazil, report says
BYD acquired mining rights for two plots of land in a lithium-rich part of Brazil in 2023, Reuters reported.
Exclusive-China’s BYD holds mining rights in Brazil’s Lithium Valley, documents show
Chinese electric carmaker BYD acquired mineral rights for two plots of land in a lithium-rich part of Brazil in 2023, entering the mining business in its biggest market outside of China, according to public records reviewed by Reuters. The EV producer's acquisition of mineral rights in Brazil is its most concrete step so far toward mining strategic minerals in the Western Hemisphere. The previously unreported acquisition of the mineral rights in late 2023 was made by BYD subsidiary Exploracao Mineral do Brasil, which was created in May of that year, documents showed.
