Brazil’s BNDES Funds Sigma Lithium Expansion

BNDES invests $86.5M in Sigma Lithium to boost output, supporting green initiatives.

Brazil's development bank, BNDES, has approved over R486.7 million ($86.5 million) in financing for Sigma Lithium to enhance its lithium concentrate production. The funding will be allocated to developing a lithium processing unit in Minas Gerais, reflecting Brazil's commitment to green and sustainable projects through its New Climate Fund.

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