Lightning Minerals partners with Minas Gerais to accelerate lithium development

Proactive - Interviews for investors

Lightning Minerals Ltd (ASX:L1M) CEO Alex Biggs joins Proactive’s Tylah Tully to discuss the three-year, non-binding Memorandum of Understanding (MoU), the company has signed with Invest Minas, a government-backed entity in Minas Gerais, Brazil. The MoU aims to accelerate the development of lithium projects in the region, known as “Lithium Valley.” This agreement aims to establish Minas Gerais as a major contributor to the global green energy market by promoting lithium and battery materials production to support the energy transition. It was signed by Biggs, Invest Minas CEO João Paulo Braga, and Secretary of State for Economic Development Fernando Passalio, and outlines a partnership focused on regulatory support, local supply chain enhancement, and employment generation. Invest Minas will assist with licensing and environmental approvals for Lightning’s Caraíbas, Sidrônio and Esperança projects, streamlining the exploration and development phases. The agreement aligns with Minas Gerais’ Lithium Valley initiative, intended to foster economic growth and sustainability within the battery materials sector. Lightning Minerals has already initiated exploration efforts, including soil sampling and geophysical surveys. Biggs emphasised the importance of Brazil as a strategic location for lithium development, citing government support and regional lithium potential as key factors. #ProactiveInvestors #LightningMinerals #ASX #LithiumValley, #BrazilLithium, #GreenEnergy, #InvestMinas, #EnergyTransition, #BatteryMaterials, #MinasGerais, #LithiumSupplyChain, #ASX, #MiningPartnership, #EconomicDevelopment, #EnvironmentalApprovals, #GlobalEnergy, #SustainableMining, #JobCreation, #LocalPartnerships, #AlexBiggs, #LithiumProjects, #RenewableEnergy