Date: 24 June 2026 , 01:19
News ID: 13351
MINES and MINERALS

Brazil’s BNDES to partner with Vale, Petrobras on critical minerals

me-metals: Brazilian state-run development bank BNDES will partner with miner Vale and oil company ‌Petrobras on critical minerals, the bank’s head Aloizio Mercadante said on Monday.

According to me-metals cited by mining.com, Speaking at an event alongside President Luiz Inacio Lula da Silva, Mercadante also said that Lula had asked BNDES to recycle its equity portfolio and invest in artificial intelligence and biotechnology.

source: mining.com

BNDES Luiz Inácio Lula da Silva Brazil critical minerals
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