Mission Australia: Government of Minas Gerais and FIEMG attract R$400 million in new investment

Mission Australia: Government of Minas Gerais and FIEMG attract R0 million in new investment

In a mission to Australia, the Government of Minas Gerais, through the Secretariat of Economic Development of Minas Gerais and Invest Minas and FIEMG, signed a Memorandum of Understanding (MoU) with the mining company Perpetual this Wednesday (30/10). Bringing approximately R$400 million of investment to the state.

With three projects in the state, Perpetual expects to discover rare earths in Pocos de Caldas, south of Minas, as well as lithium and tin in the Jaquitinhonha valley (Araqui, Salinas, Itaobim and Governorate Valladares). This investment is expected to create approximately 300 jobs across the construction, development and operation phases.

The new agreement was signed in Sydney and reinforces the commitment of FIEMG and the State Government to the development and economic growth of Minas Gerais.

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Perpetual Resources is a company listed on the Australian Stock Exchange (ASX), focused on the extraction of lithium and rare earth elements.

In Minas Gerais, the company holds approximately 12,500 hectares of mining license in an area known as Lithium Valley, in addition to developing the Beharra silica sand project in Australia.

lunch with investors

Yet on the 30th, the Minas Gerais delegation attended a lunch at Jan Morgan Management (JMM) – an investor relations consulting group – which featured 10-minute presentations from several mining companies and companies from different sectors, among which All are listed on stock exchanges. Australian (ASX).

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FIEMG Press with information from Agência Minas

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