MINAS GERAIS

Net Income of R$ 55.3 mm in 1Q24, a 90.1% Increase YOY and Leases EBITDA Margin of 72.1%

Retrieved on:

Thursday, April 25, 2024

Sale, NAV, IRR, Tax, Acquisition, Asset, GLA, Growth, Lumber

On April 19, the sale of the LOG Betim and LOG Salvador assets was finalized.

Key Points:

On April 19, the sale of the LOG Betim and LOG Salvador assets was finalized.
These properties, with a combined gross leasable area (GLA) of 138,000 square meters, sold for a total of R$ 509.7 million, achieving a gross margin of 40.9%.
With this acquisition, the fund now manages approximately 413,000 square meters of GLA, amounting to R$ 1.5 billion in assets.
This delivery target ensures an increase in the company’s NAV CAGR, which from December 2019 to March 2024 was 13.5%.

Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%

Retrieved on:

Thursday, April 4, 2024

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) -- Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate (“MRE”) for its Salinas Lithium Project (“Salinas” or the “Project”), increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic’s large 14,182-hectare land package within the “Lithium Valley” in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the Company has established to date. The “Lithium Valley” is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which are among the largest and highest grade in the world. The Company’s properties are located in a district that is quickly emerging as an important global lithium producer.

Key Points:

Independent Brazilian consultancy, GE21 Consultoria Mineral Ltda , based in Belo Horizonte, Minas Gerais, has been engaged to carry out a PEA based on the Salinas MRE.
Data from a total of 122 drill holes comprising 3,276 assays were included in the mineral resources model.
The 3D modelling of lithium Mineral Resources was conducted using a minimum cut-off grade of 0.3% Li2O within a preliminary lithological model.
The MRE was classified as Measured, Indicated and Inferred Mineral Resource based on data quality, sample spacing, and pegmatite continuity.

2Blades Delivers on Project with Bayer Crop Science to Combat Asian Soybean Rust

Retrieved on:

Thursday, February 15, 2024

Biotechnology, ASR, Plant, Research, Sainsbury Laboratory, Bayer, Farmer, Translation, FISU World University Games, Gene, Phakopsora pachyrhizi, Farm, Agriculture

Evanston, St. Louis, & Norwich, Feb. 15, 2024 (GLOBE NEWSWIRE) -- 2Blades announces that it has successfully delivered on goals in a project launched in 2018 and extended in 2023 with Bayer Crop Science to identify resistance genes against Asian Soybean Rust (ASR).

Key Points:

Evanston, St. Louis, & Norwich, Feb. 15, 2024 (GLOBE NEWSWIRE) -- 2Blades announces that it has successfully delivered on goals in a project launched in 2018 and extended in 2023 with Bayer Crop Science to identify resistance genes against Asian Soybean Rust (ASR).
The project also involved partners at The Sainsbury Laboratory (Norwich, UK) and the Universidade Federal de Viçosa (Minas Gerais, Brazil).
"Asian soybean rust is one of the most significant threats to soybean production globally,” said Ty Vaughn, Head of Plant Biotechnology for Bayer Crop Science.
In search of more effective measures against ASR, 2Blades and Bayer Crop Science sought to identify novel sources of genetic resistance for sustainable and environmentally friendly protection from ASR.

Lithium Ionic signs MOU with local government authority Invest Minas; obtains priority status to facilitate acceleration of licensing and development for its Itinga and Salinas lithium projects, Brazil

Retrieved on:

Wednesday, July 19, 2023

Lithium, Acceleration, Techno-economic assessment, Partnership, Employment, FSE, SEDE, Investment, National instrument, MOU, Environmental impact assessment, LTH, Forestry

Lithium Ionic signs MOU with Invest Minas (State Economic Department of Minas Gerais and the Minas Gerais Integrated Development Institute), mutually supporting the development of the battery materials sector in the region.

Key Points:

Lithium Ionic signs MOU with Invest Minas (State Economic Department of Minas Gerais and the Minas Gerais Integrated Development Institute), mutually supporting the development of the battery materials sector in the region.
Lithium Ionic’s Itinga and Salinas lithium projects have been granted priority status by the state of Minas Gerais regional government bodies, facilitating support and acceleration of approvals and licensing through the development process.
Invest Minas to support and prioritize Lithium Ionic through the exploration to operational stages, including environmental licensing and other required regulatory approvals to advance the Itinga Lithium Project.
Lithium Ionic commits to supporting regional employment by using local suppliers and talent wherever possible throughout the exploration, construction, development and operational phases of the projects.

Cadence Named One of the 2023 100 Best Companies to Work For® by Fortune and Great Place To Work®

Retrieved on:

Tuesday, April 4, 2023

Electronic Design Automation, Professional Services, DEI (Diversity, Equity and Inclusion), Semiconductor, Technology, Software, Hardware, Cadence Design Systems, CDNS, Culture, Overalls, Investment, United Kingdom, Environment, Management, Cadence

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® have honored the company as one of the 2023 100 Best Companies to Work For®.

Key Points:

Cadence Design Systems, Inc. (Nasdaq: CDNS) today announced that Fortune and Great Place To Work® have honored the company as one of the 2023 100 Best Companies to Work For®.
Cadence is being recognized as one of the best companies to work for, thanks to its core belief that culture drives business success.
To determine the 100 Best Companies to Work For, Great Place To Work analyzed the anonymous survey responses of more than half a million employees from Great Place To Work Certified™ companies and assessed companies’ descriptions of their employee programs and work environments.
In the survey, 90% of Cadence employees said the company is a great place to work, and 93% said they are proud to tell others they work there.

SIGMA LITHIUM AWARDED THE ENVIRONMENTAL OPERATING LICENSE WITH UNANIMOUS APPROVAL AND SCALES UP SOCIAL INITIATIVES; FIRST PRODUCTION ON SCHEDULE TO COMMENCE IN APRIL 2023

Retrieved on:

Monday, April 10, 2023

On March 31, 2023, Sigma Lithium was awarded its environmental operating license (LO), permitting the company to produce Green Lithium, with unanimous vote of approval including from all the NGOs with a seat at the CMI.

Key Points:

On March 31, 2023, Sigma Lithium was awarded its environmental operating license (LO), permitting the company to produce Green Lithium, with unanimous vote of approval including from all the NGOs with a seat at the CMI.
The LO enables the company to sell all Green Lithium product from current and future production, including any stockpiled product.
This follows the successful completion of crushing circuit commissioning of the Greentech Plant as announced on February 13, 2023.
Sigma Lithium has held the required dual environmental licenses for both construction and initiation of its wholly owned Grota do Cirilo project since 2019.

Brazil Set to Join the Lithium Producer Ranks with Multiple Projects Underway in 2023

Retrieved on:

Tuesday, March 21, 2023

VANCOUVER, BC, March 21, 2023 /PRNewswire/ -- USA News Group - Back in late Summer 2022, it was still too early to say whether Brazil had the potential to be a global player in the lithium industry. However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice. German Chancellor Olaf Scholz recently returned from a trip to South America, visiting Argentina, Chile, and Brazil, with an intent to expand collaboration on green energy. Securing battery and EV metals from Brazil is clearly a priority for many larger interests, including Warren-Buffett-backed Chinese EV giant BYD Company Limited (OTCPK: BYDDY) (OTCPK: BYDDF) even considering production in Brazil. Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023. Joining Sigma in the Brazil lithium scene are other developers such as Lithium Ionic Corp. (TSXV: LTH) (OTCQB: LTHCF), Atlas Lithium Corporation (NASDAQ: ATLX), and the latest entrant to the region, Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF).

Key Points:

However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice.
Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023 .
Sigma holds 27 mineral rights in four properties spread over 191 square kilometres (19,100 hectares), which include nine past-producing lithium mines.
Meanwhile, Sigma Lithium moved forward in the commissioning of its dense medium separation processing plant , gaining more traction towards becoming a lithium producer.

Brazil Set to Join the Lithium Producer Ranks with Multiple Projects Underway in 2023

Retrieved on:

Tuesday, March 21, 2023

VANCOUVER, BC, March 21, 2023 /PRNewswire/ -- USA News Group - Back in late Summer 2022, it was still too early to say whether Brazil had the potential to be a global player in the lithium industry. However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice. German Chancellor Olaf Scholz recently returned from a trip to South America, visiting Argentina, Chile, and Brazil, with an intent to expand collaboration on green energy. Securing battery and EV metals from Brazil is clearly a priority for many larger interests, including Warren-Buffett-backed Chinese EV giant BYD Company Limited (OTCPK: BYDDY) (OTCPK: BYDDF) even considering production in Brazil. Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023. Joining Sigma in the Brazil lithium scene are other developers such as Lithium Ionic Corp. (TSXV: LTH) (OTCQB: LTHCF), Atlas Lithium Corporation (NASDAQ: ATLX), and the latest entrant to the region, Infinity Stone Ventures Corp. (CSE: GEMS) (OTCQB: GEMSF).

Key Points:

However, as a new Brazilian mine is set to produce lithium in 2023, the world is taking notice.
Now research analysts at Benchmark Minerals are predicting that Brazil is set to more than double its share of global lithium mining this decade, as Sigma Lithium Corporation (NASDAQ: SGML) (TSXV: SGML) ramps up towards production in April 2023 .
Sigma holds 27 mineral rights in four properties spread over 191 square kilometres (19,100 hectares), which include nine past-producing lithium mines.
Meanwhile, Sigma Lithium moved forward in the commissioning of its dense medium separation processing plant , gaining more traction towards becoming a lithium producer.

Latin America Construction Industry Databook, Q4 2022 Report - Market Size & Forecast by Value and Volume Across 40+ Market Segments 2017-2026 - ResearchAndMarkets.com

Retrieved on:

Monday, January 30, 2023

The "Latin America Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering.

Key Points:

The "Latin America Construction Industry Databook Series - Market Size & Forecast by Value and Volume (area and units) across 40+ Market Segments in Residential, Commercial, Industrial, Institutional, Infrastructure Construction and City Level Construction by Value , Q4 2022 Update" report has been added to ResearchAndMarkets.com's offering.
It details market size & forecast, top cities construction data, emerging trends, market opportunities, and investment risks in over 40 segments in residential, commercial, industrial, institutional, and infrastructure construction sectors.
It provides a comprehensive understanding of construction industry sectors in both value and volume (both by activity and units) terms.
Market Data and Insights: This report provides market size and forecast across 40+ construction segments for a period of 10 years from 2016-2025.

Vallourec secures major long-term agreement with Petrobras to supply OCTG solutions

Retrieved on:

Tuesday, January 24, 2023

Petrobras, Natural gas, Vallourec

Meudon (France), 24 January 2023 – Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions.

Key Points:

Meudon (France), 24 January 2023 – Vallourec has signed a long-term agreement with Petrobras for OCTG (Oil Country Tubular Goods) solutions.
The three-year agreement covers the supply of OCTG Premium products, associated accessories, and specialized physical and digital services, representing a volume of supply above 110kt of products and accessories.
Philippe Guillemot, Chairman and Chief Executive Officer of Vallourec, commented: “I am delighted by this new agreement, which further cements the long-standing relationship between Vallourec and Petrobras.
I am grateful to Petrobras for once again placing its confidence in Vallourec for the exploitation of this key exploration area”.