February 12, 2021 |
Canadian mining company Sigma Lithium will likely rely on local development banks to fund the second stage of a lithium project in Brazil, Ana Cabral, a managing partner at controlling shareholder A10 Investimentos, told LatinFinance.
Sigma plans to request funding from the Minas Gerais state development bank BDMG and the northeast regional development bank BNB, according to Cabral.
"What gives the development bank comfort about the project is the fact that it has been vetted by a global commerc
Canadian mining company looks to get funding from BDMG and BNB for the Grota do Cirilo project in Minas Gerais