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Octillion becomes official battery supplier for FNM electric trucks in Brazil

Green Car Congress

Li-ion battery provider Octillion Power Systems is working with the reborn FNM (now Fábrica Nacional de Mobilidades) in Brazil to produce battery-electric trucks; FNM has selected Octillion as the official battery supplier for the coming lineup. FNM was founded in 1942 and was the first truck manufacturer in Brazil.

Brazil 476
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Acelen to invest $2.44 billion over 10 years to produce renewable diesel and SAF in Brazil

Green Car Congress

The company is expected to start production in the first quarter of 2026. billion) in the economy, contribute to the generation of 90,000 direct and indirect jobs and reduce CO 2 emissions by up to 80% with the replacement of fossil fuel, which will make the company one of the largest producers of renewable fuels in the world.

Brazil 296
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ArcelorMittal Tubarão, Brazil first ResponsibleSteel steelmaking site in Latin America

Green Car Congress

The company manufactures flat steel products—primarily hot-rolled plates and coils—for both domestic and international markets. Launched in 2015, ResponsibleSteel sets global standards for sustainability performance and promotes the certification of steel chain companies through a network of independent certification bodies.

Brazil 259
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Glencore buying in to Hydro Alunorte alumina refinery, MRN bauxite mining in Brazil

Green Car Congress

—President and CEO of Hydro, Hilde Merete Aasheim Hydro’s 2025 strategy, launched in 2020, outlined a clear ambition to lift profitability and drive sustainability throughout the whole company. We look forward to becoming partners with Glencore, and their broad industrial experience within metals and mining, to further develop Alunorte.

Brazil 293
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Sigma Lithium begins construction of foundation and infrastructure for lithium production plant in Brazil

Green Car Congress

Canada-based Sigma Lithium Corporation ( earlier post ) has begun construction on site to build the foundation and infrastructure installation of its greentech dense media separation production plant, at its wholly owned Grota do Cirilo project in Brazil. —Ana Cabral-Gardner, co-CEO and lead commercial officer.

Brazil 150
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Sigma Lithium outlines USD 100 million investment plan to double output in Brazil – ET Auto

Baua Electric

The company said the capital expenditure for phase 2 is expected to be USD 100 million. Sigma Lithium on Monday made a final investment decision to add a second production line at its Greentech Industrial Plant in Brazil , aiming to nearly double lithium output, sending its shares up 6% in morning trade.

Brazil 40
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Sigma Lithium CEO won’t sell the company at current lithium prices – ET Auto

Baua Electric

The Vancouver-based company, whose main business is a hard rock lithium project at Brazil’s Grota do Cirilo , started scouting for potential buyers about a year ago. Cabral-Gardner said Bank of America was still leading a strategic review of the company, but she declined to give details. Sigma has denied the allegations.

Price 52