2025 (GLOBE NEWSWIRE) -- Lithium Ionic Corp
(TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (the “Company” or “Lithium Ionic”) reports that it has filed the independent NI 43-101 compliant technical report for its Baixa Grande Lithium Project (“Baixa Grande” or the “Project”) in Minas Gerais State
related to the updated Mineral Resource Estimate (“MRE”) for the Project announced on January 14
titled “Independent Technical Report on the Mineral Resource Estimate for the Baixa Grande Salinas Lithium Project
Brazil” was prepared by GE21 Consultoria Mineral Ltda
(“GE21”) in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) and has an effective date of December 2
The report details the MRE comprising Measured and Indicated resources of 6.52 million tonnes (“Mt”) grading 1.11% Li₂O (179,580 tonnes of Lithium Carbonate Equivalent - “LCE”) and an additional 12.90Mt in the Inferred category grading 0.96% Li₂O (305,920t LCE)
accounting for approximately 30% of the Company’s total global mineral resources of 64.7Mt.* in Brazil’s Lithium Valley
The technical report is available on SEDAR+ (www.sedarplus.ca) under Lithium Ionic’s issuer profile and on the Company’s website at www.lithiumionic.com
* See NI 43-101 compliant technical report related to the Bandeira Bandeira MRE titled “NI 43-101 Technical Report – Mineral Resource Update on Bandeira Project
2024; QP: Leonardo Soares of GE21); See NI 43-101 compliant technical report related to the Salinas MRE titled “Independent Technical Report on the Mineral Resource Estimate for the Baixa Grande Salinas Lithium Project
of GE21); and the NI 43-101 compliant technical reports related to the Outro Lado deposit titled “Mineral Resource Estimate for Lithium Ionic
Itinga Project” (effective date of June 24
located within the Salinas group of properties acquired in March 2023
is one of the most promising projects in the Company’s portfolio tested to date
These Salinas properties are located approximately 100 kilometres north of the Company’s Bandeira development project
within the northern section of Brazil’s Eastern Pegmatite Province
a region that is highly prospective for spodumene-bearing pegmatites
The Baixa Grande mineral resource is an important addition to the Company’s total resources
which further solidifies its position as a leading lithium company in the region
Pilbara Minerals announced the acquisition of Latin Resources and their Colina deposit for AU$559.9 million (US$369.4 million)
located directly west of the Baixa Grande deposit
This acquisition marked Pilbara’s first diversification into the Americas
quantity and global competitiveness of Brazil’s lithium deposits in this region
The Baixa Grande MRE is located on a 662-hectare property
a small portion of Lithium Ionic’s large 17,000-hectare land package
Lithium Ionic is a Canadian mining company exploring and developing its lithium properties in Brazil
Its Itinga and Salinas group of properties cover ~17,000 hectares in the northeastern part of Minas Gerais state
a mining-friendly jurisdiction that is quickly emerging as a world-class hard-rock lithium district
Its Feasibility-stage Bandeira Project is situated in the same region as CBL’s Cachoeira lithium mine
as well as Sigma Lithium Corp.’s Grota do Cirilo project
which hosts the largest hard-rock lithium deposit in the Americas
of GE21 is a Qualified Person as defined by NI 43-101 and has reviewed and approved the technical information and data regarding the MRE included in this news release
All other scientific and technical information in this news release has been reviewed and approved by Carlos Costa
Vice President Exploration of Lithium Ionic and Blake Hylands
and both are “qualified persons” as defined in NI 43-101
On behalf of the Board of Directors of Lithium Ionic Corp
Investor and Media Inquiries:+1 647.316.2500info@lithiumionic.com
Cautionary Note Regarding Forward-Looking Statements
This press release contains statements that constitute “forward-statements.” Such forward looking statements involve known and unknown risks
uncertainties and other factors that may cause the Company’s actual results
or developments to differ materially from the anticipated results
performance or achievements expressed or implied by such forward-looking statements
in light of the experience of its officers and directors
current conditions and expected future developments and other factors that have been considered appropriate that the expectations reflected in this forward-looking information are reasonable
undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct
“may” or “should” and the negative of these words or such variations thereon or comparable terminology are intended to identify forward-looking statements and information
The forward-looking statements and information in this press release include information relating to the mineralization and prospectivity of the Company’s mineral properties including the Project
the Company’s ability to obtain the requisite licences and permits
the Company’s ability to obtain adequate financing
the exploration and development of the Company’s mineral properties
the Company’s exploration program and other mining projects and prospects thereof and the Company’s future plans
Such statements and information reflect the current view of the Company
Risks and uncertainties that may cause actual results to differ materially from those contemplated in those forward-looking statements and information
forward-looking statements involve known and unknown risks
uncertainties and other factors which may cause our actual results
to be materially different from any future results
The forward-looking information contained in this news release represents the expectations of the Company as of the date of this news release and
Readers should not place undue importance on forward-looking information and should not rely upon this information as of any other date
The Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs
Information and links in this press release relating to other mineral resource companies are from their sources believed to be reliable
but that have not been independently verified by the Company
Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this press release
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(TSXV: LTH; OTCQB: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”) is pleased to announce an updated NI 43-101 Mineral Resource Estimate (“MRE”) for the Baixa Grande Project (“Baixa Grande” or the “Project”; formerly referred to as the “Salinas Project”)
the main deposit and growth target within its Salinas group of properties located in northern Minas Gerais State
This updated MRE highlights the significant expertise of Lithium Ionic’s exploration team in defining and growing resources efficiently
underscoring the quality and strategic potential of the Baixa Grande deposit and surrounding claims
Baixa Grande Mineral Resource Estimate Highlights:
“This updated mineral resource estimate for Baixa Grande is a testament to the remarkable work of our exploration team in successfully delineating and expanding the deposit with targeted and efficient drilling
Baixa Grande is proving to be a key contributor to our long-term growth and production strategy
I am confident in our team’s ability to further enhance and upgrade these resources and continue to reinforce the importance of the Salinas group of properties within our portfolio
While our near-term focus remains on advancing Bandeira toward production
we are excited by the continued growth potential at Baixa Grande and other regional targets
and their role in supporting our vision of becoming a leading lithium producer.”
“This updated NI 43-101 mineral resource estimate highlights the outstanding achievements of our exploration team and the quality of our assets
The nearly 20Mt resource at Baixa Grande reflects not only the geological potential of the deposit but also the expertise of our technical team in unlocking value efficiently.”
has quickly become one of the most promising growth assets in the Company’s portfolio
These properties are located approximately 100 kilometres north of the Company’s Bandeira development project
The nearly 20Mt mineral resource at Baixa Grande is an important addition to the Company’s total resources
Pilbara Minerals announced the acquisition of Latin Resources and their Colina deposit
a small portion of Lithium Ionic’s large 17,000-hectare land package (See Figure 1)
The MRE was prepared by GE21 in accordance with National Instrument 43-101 - Standards of Disclosure for Mineral Projects (“NI 43-101”)
incorporating expanded data from 167 diamond drill holes comprising 35,734 metres of drilling completed between May 2023 and September 2024
This added drilling has increased the total mineral resource estimate at Baixa Grande by 32%
now totaling an estimated 6.52Mt grading 1.11% Li₂O
containing 179,580 tonnes of Lithium Carbonate Equivalent (“LCE”)
in the Inferred category for open pit and 1.23Mt grading 0.83% Li₂O
in the Inferred category for underground (see MRE results in Table 1)
identified previously as having high potential for spodumene mineralization
yielded an initial Inferred resource estimate
Current interpretation suggests that the modelled pegmatites potentially increase at depth
Additional drilling is planned to confirm these observations
Exploration efforts to date have laid a strong foundation for Baixa Grande’s future development
The deposit remains open at depth and along strike
providing significant potential for further resource growth
Table 1: Baixa Grande Mineral Resource Estimate Summary
Plan View of Lithium Ionic’s 17,000ha Land Package with Expanded View of Baixa Grande Mineral Resource Estimate
View Figure 1 here: https://www.globenewswire.com/NewsRoom/AttachmentNg/21cef994-aaad-47a1-a409-29a79a79a1fa
Details related to the calculation of the Baixa Grande MRE
of GE21 (the “Author” or “QP”) with an effective date of December 2
This updated MRE follows the maiden MRE for Baixa Grande (previously referred to as “Salinas”) announced on April 4
The MRE was estimated using the following geological and resource block modeling parameters which are based on geological interpretations
The QP is not aware of any factors or issues that materially affect the MRE other than normal risks faced by mining projects in the province in terms of environmental
and additional risk factors regarding inferred resources
*In addition to the MRE reported in this press release
please see NI 43-101 compliant technical report related to the Bandeira Bandeira MRE titled “NI 43-101 Technical Report – Mineral Resource Update on Bandeira Project
2024; QP: Leonardo Soares of GE21) and the NI 43-101 compliant technical reports related to the Outro Lado deposit titled “Mineral Resource Estimate for Lithium Ionic
On behalf of the Board of Directors of Lithium Ionic Corp.Blake HylandsChief Executive Officer
of GE21 is a Qualified Person as defined by National Instrument 43-101 (“NI 43-101”) and has reviewed and approved the technical information and data regarding the MRE included in this news release
Vice President Exploration for Lithium Ionic
and a “Qualified Person” as defined in NI 43-101
+1 647.316.2500info@lithiumionic.com
This press release contains statements that constitute “forward-statements.” Such forward-looking statements involve known and unknown risks
The forward-looking statements and information in this press release include information relating to the prospectivity of the Company’s mineral properties
the mineralization and development of the Company’s mineral properties
the Company’s ability to increase the mineral resource estimates at the Project
the price of spodumene,the Company’s exploration program and other mining projects and prospects thereof and the Company’s future plans
Nine out of ten Brazilians have access to mobile telephony
telecom authority Anatel reported on Saturday (Apr
Most Brazilians with access to mobile telephony live in capital cities and metropolitan regions
The data show that 4,363 of Brazil’s 5,565 municipalities have fiber optic infrastructure
Anatel also highlights the introduction of 5G technology in 1,300 Brazilian cities
and is placing its bets on the progress of the government’s New Growth Acceleration Program—or New PAC—which covers the implementation of 5G in the country’s 5,565 municipalities
The New PAC also includes the expansion of 4G to 6,800 villages and rural areas far from urban centers
Anatel Telecommunications Secretary Hermano Tercius said the expansion of telecom services in Brazil faces challenges due to the country’s extension and hard-to-reach areas
“The main challenge is to bring connectivity in a satisfactory way
at the same time as we make progress in other indicators of significant connectivity
Anatel disclosed the results of the tenth edition of its survey on satisfaction and the quality perceived for landline telephony
more than two-thirds of the consumers surveyed said they were satisfied or very satisfied with the service provided
according to the customer satisfaction score
over 10 percent of consumers said they were very dissatisfied or dissatisfied
The questionnaire also covers consumer usage patterns
On the most frequently used cellular network technology
even though 4G is the most frequently used
more than 64 percent of post-paid cellular consumers and 67 percent of pre-paid consumers believe there has been an increase in 5G use
As for the technology used to provide wired internet
16 percent said that the landline was their main means of making voice calls at home
67 percent of those interviewed who subscribe to pay-TV said they use the service on a daily basis
The survey was carried out from July to November 2024 with 64 thousand consumers of wired and mobile telephony
alongside continued expansion of ESG and sustainability initiatives
These achievements have firmly positioned the Company for a pivotal 2025
with its flagship Bandeira Lithium Project in Brazil’s Lithium Valley set to transition to the construction phase
Flagship Bandeira Lithium Project: Progressing Towards Construction in 2025
Baixa Grande Project (formerly referred to as “Salinas”): A Second Growth Engine
Ongoing Strategic Land Acquisitions Strengthened its Position in the Lithium Valley
“2024 has been a defining year for Lithium Ionic
highlighted by substantial mineral resource growth and engineering milestones
moving closer to a construction decision while establishing a clear funding pathway
the Salinas claims which were acquired in 2023 have exceeded expectations with the maiden mineral resource estimate at Baixa Grande further strengthening our portfolio and long-term growth strategy
This significant mineral resource growth is a testament to the strong geological understanding of this region by our exploration team
and as a result we have set ourselves apart as one of the fastest growing hard rock lithium deposits in the Americas
I’m incredibly proud of the speed and efficiency with which our team has laid the foundation for success
advancing all critical pillars towards the development phase
2025 is set to be another pivotal year as we prepare to build a mine and realize our vision of becoming a leading lithium producer in Brazil’s Lithium Valley - a region that has only begun to show its strategic importance on a global stage.”
Bandeira: Key Milestones Towards Construction Stage
The Bandeira Lithium Project continued to establish itself as one of the most promising lithium assets in Brazil’s Lithium Valley
the mineral resources at Bandeira grew significantly
increasing by 161.4% to 41.9 Mt grading 1.35% Li₂O
drilling conducted since the March 2024 MRE cut-off has further demonstrated the Project’s potential with excellent intercepts such as:
The study highlighted exceptional economics
Bandeira’s on-site operating costs of US$444/t position the project as highly resilient to volatile lithium market conditions
This permit guarantees sufficient water supply to meet the operational demands of the future Bandeira operation
addressing one of the most essential needs for mining projects
the Company prioritized project financing efforts
it had secured a non-binding Letter of Interest (“LOI”) for US$266M in debt financing for the development of Bandeira
This significant milestone further validates the Project’s viability and sets the stage for full project funding
The Company is on the verge of achieving another pivotal milestone with the expected imminent approval of the Licença Ambiental Concomitante (“LAC”) license
which will authorize construction to begin
The LAC application was submitted in late 2023 and is in the final stages of approvals
with all information requests satisfied by the Company
the Company announced a maiden MRE outlining 5.86Mt of Measured and Indicated (“M&I”) resources grading 1.09% Li₂O and 8.90Mt of Inferred resources grading 0.97% Li₂O; this based on drilling data up until November 2023
Subsequent drilling conducted into 2024 returned excellent results highlighting the strong growth potential of the deposit
A total of 6,600 metres were drilled at Baixa Grande in 2024
with the data now being incorporated into an updated MRE expected in early 2025
The strategic importance of the Salinas properties was further underscored by Pilbara Minerals’ acquisition of the Colina deposit in August 2024
located adjacently to the west of Baixa Grande
This marked Pilbara’s first venture into the Americas and reinforced the quality and global competitiveness of the lithium deposits in Brazil’s Lithium Valley
While the Company remains focused on advancing Bandeira to near-term production
Baixa Grande is poised to play a significant role in Lithium Ionic’s long-term growth and production strategy
contributing to the overall strength and diversification of its portfolio
Gearing up for Construction Start in 2025:
Lithium Ionic is entering 2025 with clear objectives
foremost among them maintaining strong momentum at Bandeira to quickly establish this project as the region’s next significant lithium producer
Key milestones at Bandeira this year include the anticipated granting of a construction permit in the near-term and advancing detailed engineering to support a production decision
The Company is committed to progressing through the due diligence process with EXIM
aiming to finalize a definitive project financing package that will support commencement of construction in the second half of the year
exploration and drilling activities will continue at Bandeira
and other high-priority regional targets to further expand mineralization and improve mineral resource classification
to continue reinforcing the long-term growth potential of the Company’s portfolio
Lithium Ionic extends its gratitude to shareholders for their ongoing support and looks forward to delivering a transformative year
driving value creation for all stakeholders in 2025
The technical information in this news release has been prepared by Carlos Costa
who are both “qualified persons” as defined in NI 43-101
Hylands have both read and approved the content in this news release
+1 647.316.2500info@lithiumionic.com
Cautionary Note Regarding Forward-Looking Statements
The forward-looking statements and information in this press release include information relating to the mineralization and prospectivity of the Company’s mineral properties
the development of the Company’s mineral properties
the Company’s exploration program and other mining projects and prospects thereof
the Company’s ability to obtain the requisite permitting and approvals and the timing thereof
the Company’s ability to increase the mineral resource estimates at its projects
the impact of the Company’s ESG and other initiatives and the Company’s future plans
BY NICK BURNS | OCTOBER 2
This article is adapted from AQ’s upcoming special report on food security in Latin America
a three-hour drive down muddy roads and across a river barge from the nearest city
one possible future for soy in South America is on display
Agronomists watch on computer screens as little icons creep across a map—showing harvester machines threshing soybeans across the farm’s enormous span
The display shows weather forecasts and conditions in the fields
fed live over a 4G connection by a network of solar-powered monitoring posts
The technology isn’t here just to impress visitors from abroad
it helped the team at Fazenda Ipê overcome an El Niño-linked drought that took a hit on the area’s yields
Based on analysis of 10 years’ worth of data
the decision-making team opted to plant on a delayed timeline
to take advantage of a likely second planting window later on
The result was a harvest that ended up even with last year’s totals
“The growth we’ve had in recent years doesn’t come from nowhere,” said Gilmar Cadore
we’re getting a better scientific understanding
and it’s because of that that Brazil’s become the world’s biggest soy exporter.”
Not every farm in the region is so high-tech
But make no mistake: Soy is big business in South America
which now produces more than half of the planet’s supply following 50 years of extraordinary growth—a truly epic story that involves technological innovation
both the helping hand and the hindrance of government
and the rise of middle classes half a world away
The question facing the industry today is whether those days of heady expansion are over
who owns Insolo and is one of the country’s most prominent farmers
Emphasis will go from cultivating new land to getting more productivity out of land already under cultivation
while soy will remain a mainstay of food security in a growing world
and new markets will come from biofuels and up-and-coming regions like southeast Asia
soy was a product for pigs and chickens—today
it’s clean energy for the world,” said Faria
But others say the soy business faces a forbidding set of challenges
Many fast-growing countries don’t eat much red meat—a crucial determinant of demand for soy
Soy’s role in the deforestation of South America’s tropical savannas has come under increasing scrutiny from the European Union and others
while the crop is also a particularly heavy user of pesticides and other chemicals
both the promise and limitations are clear
this region was mostly given over to small-scale cultivation of crops like indigo and cotton
and many locals migrated to the southeast to escape hunger and find work
billboards advertise agribusiness services and jewelry stores cater to a new upper-middle class
some of whom moved here from the prosperous south or from older soy boomtowns in the center-west
Despite how closely connected the soy industry is to global markets
the continent’s growers can face conditions that are anything but modern
most of the soy harvested on Fazenda Ipê’s 110,000 acres has to be trucked across the Parnaíba River on a small ferry barge that stops running at night
the dirt road from the ferry to the farm had turned half to reddish mud after a storm
and a broken-down truck caused a long pileup
There are improvements in the works: The state government is planning a bridge
and another road to the farm is set to be paved
But improving transportation infrastructure is just one of several challenges facing the industry
the world’s largest soybean producer and the source of most of South America’s recent growth in this segment
the success story is neither a free-market miracle nor a triumph for state planning—it’s both
It began under the country’s 1964–85 military dictatorship
an agricultural research institute whose soybean wing soon made a major breakthrough: developing new genetic varieties of soybean that could flourish in Brazil’s tropical climates and acidic soils
Looking for ways to populate Brazil’s sparsely settled interior
the military channeled funding through state banks to soy farmers
a major soy producer—and transformed what had been small-scale cultivation by Japanese immigrants and their descendants into an industrialized phenomenon
“It was [an attempt] to try to create a Midwest in Brazil,” said Susanna Hecht
a specialist on Latin American tropical development at UCLA
government capital stimulating the growth.”
In the 1976-77 harvest, Brazil produced 12 million metric tons of soy, nearly all of it in the south. By 2000-01, that figure had tripled to 38.4 million, and the center-west had become the leading soy-growing region. The dream of economic integration of Brazil’s interior was being fulfilled
two major changes supercharged South American soy
The first was Monsanto’s 1996 release of genetically modified varieties of soybeans resistant to glyphosate
The second was China’s entry into the World Trade Organization in 2001
That country’s breakneck growth was creating a new domestic middle class that could suddenly afford to eat more meat—especially pork
Raising the animals to meet the demand required vast amounts of feed
and the best cheap source of protein was soybeans
just as South America had figured out how to grow soy cheaply and at scale
farms multiplied across new agricultural frontiers in the center-west and the north
Total production rose to 155 million metric tons in the 2022-23 harvest
a mind-boggling 100-fold expansion since 1970
the median productivity in Brazil was around 1.6 metric tons per hectare
“That means there’s been significant technological investment to produce what Brazil produces today,” he said
Argentina is the world’s third-biggest producer
representing about 13% of the global supply
and is especially successful in what’s called crushing: separating raw soybeans into oil and meal through industrial processes
Paraguay and Bolivia hold 3% and 1% of the global market
the headquarters of Fazenda Ipê was a flurry of activity
Trucks full of soy from the fields rolled in past a checkpoint to dump their cargo into a giant sorting machine
The highest-quality beans were being set aside to be used as seed for next year’s harvest
while the rest were deposited in a towering metal silo
waiting to be trucked to the nearest railyard or river port
The seed operation here is being ramped up at breakneck speed—from 3,000 bags last year to some 14,000 this year—as Fazenda Ipê applies for a license to be able to sell its seeds to other producers
Fazenda Ipê’s parent company Insolo is growing its landholdings
And the farm has seen major productivity gains over the last six years
its median yield rising to 72 bags of soy per hectare from around 40
Those are impressive numbers for the surrounding area
The region around Fazenda Ipê “has grown a lot,” said Daniele Siqueira
and they’re at the forefront of the new frontiers,” Siqueira told AQ
International investors are getting in on the bonanza. Faria purchased Insolo from Harvard University’s endowment fund, and down the road from Fazenda Ipê is a farm owned by the Mitsubishi Corporation
soy production and area have been stagnant for more than a decade
blame government policy and Argentina’s economic woes
while long-term loans are scarce and farmers can’t access newer genetic varieties used in Brazil and elsewhere
“The government has played a negative role
on one side with taxes and on the other with a lack of support for intellectual property for genetic improvement,” said Carlos Steiger
the country’s fiscal situation is so dire he can’t spare the revenue
we’ll [be] taxed similarly to the rest of the economy and not singled out as a cash cow,” said David Hughes
The advance of soy growing in Brazil has also been dogged
Fazenda Ipê was itself a subject of controversy in 2018
when a judge ruled that a subsidiary of Insolo
had engaged in land-grabbing and improperly extended the farm’s boundaries into public lands
The issue generated international media attention
and Harvard sold its stake in Insolo not long after
Perhaps the most enduring criticism of soy is environmental: Its links to deforestation (and therefore carbon emissions)
But producers in Brazil respond that they follow the country’s extensive regulations on land use
meant to limit deforestation and damage to ecosystems
In 2006, after a Greenpeace campaign against agriculture-linked rainforest deforestation, the major multinational companies that dominate the world soy market signed an agreement pledging not to buy any soy grown on deforested land in the Amazon. The Amazon soy moratorium, as it’s known, was a substantial success
It helped that the Amazon rainforest itself is not ideal for soy cultivation
a think-tank that studies land use in Brazil
It also has strict environmental requirements: 80% of land must be conserved by law
Most of the expansion of the soy frontier has instead taken place in the Cerrado tropical savanna that covers a wide swath of the country
from Mato Grosso in the center-west to the northeast
and legal requirements on land use are less strict
the proportion of land required to be set aside for ecological reserves ranges from 20%-35%
Government data showed an increase of 43% in deforestation last year in the Cerrado
which includes soy frontier areas in Mato Grosso and the northeast
threatening the government’s zero-deforestation goals
The Cerrado has historically drawn less international attention than the Amazon—but that’s beginning to change
Starting in December, the EU, the second-biggest importer after China, which also uses South American beans for animal feed, is mandating that all the soy it imports be certified deforestation-free
That could change how the global market titans engage with Brazilian buyers
“The main trading companies have most of [their soy] traced
but it’s precisely in this 1% or 2% where this clearance and deforestation resides,” said Karla Canavan
vice president of commodity trade and regulation at the World Wildlife Fund
There’s worry that after the EU regulations go into effect
this untraced soy could be diverted toward Brazil’s large domestic market
There’s no question the advance of the soy frontier has come at a cost to native vegetation
including in sensitive ecosystems like Brazil’s Cerrado and the Chaco in Paraguay and Argentina
with cleared land first used for pasture and later planted with soy
As environmental advocates point to the sector’s contributions to global emissions
farmers argue that the damage is limited and brings important benefits
the economic and social development that soy brings to the agricultural frontier in Brazil’s traditionally poor northeast is worth the consequences of land use change
as long as environmental regulations are respected
“It’s the only way to take these populations out of poverty,” said Buffon
who told AQ the northeast “won’t be devastated” by another 3%-4% of its territory going to soy cultivation
it’s a very different situation for the region,” in terms of socioeconomic improvement
More clearances could exacerbate climate-related challenges facing producers
Brazilian soy is mostly grown without irrigation
But the soy-growing belts in Mato Grosso and especially in the northeast depend on what scientists call “flying rivers”—belts of atmospheric moisture that bring rainfall from the Amazon rainforest
Recent studies suggest deforestation is threatening to disrupt those flows
soy producers tended to downplay climate risks
saying they only see the usual cyclical weather changes—an El Niño here
a La Niña there—and emphasized their ability to adapt to unpredictable weather
are toying with the idea of upping their irrigation capacity
Farmers “want to be optimistic,” Veríssimo told AQ
… We are very exposed to climate change scenarios.”
The last two harvests have been a wake-up call for South American soy producers
a brutal drought in Argentina cut its harvest in half—and brought the national government to its knees
sapping it of foreign reserves and helping spoil the incumbent party’s bid for the presidency
Brazil suffered a double blow: bad conditions in the field
Chinese growth was slowing—and some indicators suggested it was taking a toll on demand for soybeans
But acres planted in Brazil were still going up
Could South American soy be headed for a major setback—the end of the boom
“The problem is that Chinese demand is very stagnant,” said Siqueira
“In years when the weather is good there will be too much soy
thinks the problem can only be fixed through lower prices
“We need to take prices low enough where the United States is going to have to decrease soybean area” by switching acres to corn
There were fears China could start producing more of its soy domestically
seeking to reduce its dependence on imports from the Americas
or that it might encourage African countries with similar climates to adapt Brazil’s soy-growing technology and know-how
Biofuel might be the next frontier: Analysts cite the possibilities of biodiesel
a fully renewable diesel fuel that has advantages over the current mix of biofuel and regular diesel that’s sold in countries like Brazil
“I don’t believe Africa will steal our market,” he told AQ
“We have this capability that was [the product of] a long-term educational system of knowledge
and we have very well-structured laws of protection of property that Africa doesn’t have.”
What about oversupply in the global market
Faria saw a possibility for a “perfect storm” for producers
But if global grain consumption continued to increase by around 1% per year
“Two or three years after the perfect storm for [producers]
the perfect storm for consumers can happen
there’s scarce time to contemplate the future of South American soybeans—there’s too much work to do
operations on the farm started before dawn and ended after dark
Standing amid rows of soybeans ready to be harvested
it looks like the fields here go on forever
stretching to the horizon where they meet a wide
The farm is really perched on an enormous plateau
one of many here in southern Piauí that alternate with lowlands less suitable for farming
Reading Time: 13 minutesBurns is an associate editor at The Hedgehog Review and a former editor and social media manager at AQ
Americas Quarterly (AQ) is the premier publication on politics
We are an independent publication of the Americas Society/Council of the Americas
PUBLISHED BY AMERICAS SOCIETY/ COUNCIL OF THE AMERICAS
According to the country’s Civil Defence
at least 10 people have died and over 17,500 have been displaced
As reported on 02 December
heavy rain caused a massive landslide along a highway near Guaratuba in Paranà state
Emergency teams are still working at the site
Twenty-one vehicles were buried in the slide
and it was thought at least 30 people could be missing
Six others were able to escape the vehicles without needing assistance
Heavy rain has affected other areas of the state
The number of displaced has fallen slightly over the last few days from 1,152 to 1,079
More heavy rain has fallen and the municipality of Inácio Martins recorded 88.6 mm in 24 hours to 04 December 2022
Heavy rain since late November continues to cause flooding and landslides in Santa Catarina
including 10,000 in Massaranduba and 4,000 in Campo Alegre
A total of 1,077 people were displaced including 688 in Joinville and 220 in São Bento do Sul
The state government reported fatalities in Palhoça
A firefighter is still missing Navegantes and another person was reported missing after being swept away by an overflowing river in Brusque
Municipalities in a state of emergency are: Araquari
Heavy rain has been falling for the last week in the state of Espírito Santo
where Civil Defence reported 18 municipalities affected
several of which have declared a state of emergency including Cariacica
there were a total of 4,051 displaced in the state as a result of the severe weather
One fatality was reported in the municipality of Viana
where a total of 1,676 people were displaced
Santa Teresa municipality recorded 258 mm of rain in 3 days from 01 to 03 December
The Doce river at Linhares is above the orange alert level (3 metres)
Authorities reported severe weather in the Norte Fluminense region of Rio de Janeiro State
Affected municipalities included Carapebus
One person died from a lightning strike in Carapebus
another was seriously injured and around 85 people were displaced after a landslide in Conceição de Macabu
where 2 people died and around 1,000 families have been displaced
Macaé recorded 196.6 mm of rain in 48 hours to 01 December 2022
The national Civil Defence reported a total of 16,900 people affected across 5 municipalities in the state
Heavy rain has also affected areas further north
At least 16 municipalities in the northeastern state of Bahia have declared a state of emergency
causing flooding in Prado City where 3,000 people were displaced on 28 November
The heavy rain has continued to cause problems since then and as of 04 December
a total of 51 municipalities have been affected
9,281 people were displaced and 65,515 were affected
according to the state’s Civil Defence
There were no reports of missing persons or deaths
The worst affected municipalities and those that have declared a state of emergency are: Prado
On 29 November the city of Ibotirama recorded 133.4 mm of rain and Barreiras recorded 104.4 mm
The following day 75 mm of rain fell in Ribeira do Amparo
Amargosa recorded 84.6 mm on 01 December; Porto Seguro 90.4 mm on 02 December and Lençóis 49.5 mm on 03 December
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and successful model and activist making a positive impact on the world
The beautiful Brazilian born in Baixa Grande
has made a name for herself in the modeling industry but it’s her commitment to charitable causes that make her the ultimate powerhouse
She began her modeling career when she was 18
quickly making a name for herself in Brazil
She’s graced the covers and pages of top fashion magazines like Vogue Mexico
and Maxim Mexico and walked the runway for renowned designers
The model has also collaborated with notable photographers such as Mark Seliger and Russell James
using her social capital to uplift communities around the world
a nonprofit organization committed to providing new merchandise donated by retailers and manufacturers to individuals affected by poverty and tragedy
She is also a spokesperson for Larger Than Life
an organization based in Israel that strives to enhance the quality of life for children battling cancer
which works to break the cycle of hospital readmissions of critically ill children from low-income backgrounds
she lends her support to Love Together Brazil
which focuses on bringing clean water to the northeast part of Brazil by drilling artesian wells and improving the health and education of the children in the area by creating and building a sports center
she became the New York Ambassador to Brazil Child Health in 2018
The Brazilian nonprofit breaks the cycle of hospital readmissions for critically ill
tackling medical and socioeconomic factors
With her growing success and commitment to social good
Sodré is one of the many Latinas using her platform for positivity and is an admirable woman in the industry
Reproduction of this article and its photographs in whole or in part is prohibited
torrential rainfall in Brazil’s southern state of Rio Grande do Sul has swollen rivers
More than 90 deaths have been blamed on the flooding
Rescue efforts continue across the state and in the hard-hit city of Porto Alegre
The intense rains have abated for the moment
but flooding rivers continue to rise downstream
forcing thousands to seek shelter and assistance
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We want to hear what you think about this article. Submit a letter to the editor or write to letters@theatlantic.com.
A collection of winning and honored images from this year’s nature-photo competition
A collection of amazing recent images made with the Hubble Space Telescope
Mourners of Pope Francis gathered at the Vatican, scenes from the the second weekend of Coachella 2025, a humanoid-robot half-marathon in China, and much more
Images of the people, animals, and landscapes of the Earth’s arctic and subarctic regions, photographed by Olivier Morin
The shares trade in a 52-week range of 13.5 cents and $0.055
The acquisition was completed on January 15
pursuant to a subscription agreement between Uranium Energy and Anfield
whereby the company subscribed for Anfield shares at a price of 14 cents each
and control and direction of 203.4 million Anfield shares
representing 17.8% of the shares outstanding on a non-diluted basis and 24.2% oon a partially diluted basis after assuming the exercise of all warrants held by the company
Anfield is a uranium and vanadium development company
Its asset portfolio includes the Shootaring Canyon Mill in Garfield County
Shootaring ranks as one of only three licensed
permitted and constructed conventional uranium mills in the U.S
The asset is integral to Anfield’s pursuit of strategically acquired conventional uranium and vanadium projects in Utah
Anfield has announced its intention to pursue a listing of its shares on a senior U.S
Uranium Energy owned and had control of 96.3 million Anfield shares and 96.7 million share purchase warrants
each of which is exercisable into an Anfield share at a price of 18 cents until May 12
representing 9.3% of the shares on a non-diluted basis and 17% partially diluted
Uranium Energy is a supplier of uranium needed to produce safe
It is advancing the next generation of low cost in situ recovery mining uranium projects in the United States and high-grade conventional projects in Canada
The company has three hub and spoke platforms in south Texas and Wyoming with a combined licensed production capacity of 12.1 million pounds of uranium octoxide per year
in situ recovery operations began at the Christensen Ranch project in Wyoming
sending uranium loaded resin to the Irigaray CPP in Wyoming
In-situ recovery involves processing the uranium while it is still in the ground through the injection of catalyzing agents into the ore
The process is only possible in porous geological formations (like sandstone) which are amenable to such a technique
the capital spend needed to put an ISR uranium project into production is less than 15% of the cost to build a conventional hard-rock uranium mine
Uranium Energy has a major equity stake in Uranium Royalty Corp. [URC-TSX, UROY-NASDAQ]
the world’s only uranium-focused royalty and streaming company and the only pure play uranium-listed company on the NASDAQ
The company provides investors with uranium commodity price exposure through strategic acquisitions in uranium interests
debt and equity in uranium companies as well as through trading of physical uranium
is company that offers investors an opportunity to participate..
By Peter Kennedy Namib Minerals is set to become a publicly traded company in the U.S.,..
is a company that offers investors an opportunity into early-stage..
is entering a new growth phase as it moves to..
By Peter Kennedy Lack of available infrastructure has long been a perceived impediment to the development..
By Peter Kennedy The Golden Triangle mining district in northwestern British Columbia ranks among the richest..
The Campo Grande station will gain full accessibility with the installation of four elevators
The 12 existing escalators will also be modernized
in Campo Grande station the modernization of the 12 flights of existing escalators and also the installation of four elevatorsto improve accessibility throughout the station
With a total investment of 2.9 million euros
the work is expected to be completed by the end of the year
The construction and installation of the elevators will allow access between the surface and the pier for people with reduced mobility
the replacement of all mechanical/rolling ladders with more technologically modern and resistant components will be carried out in a phased mannerso as not to cause any inconvenience to those who wish to use the station
Metro passengers will also be guaranteed the operation of the existing mechanical stairs in the upward direction
The descent will be done through the lateral pedestrian stairs
This intervention in Campo Grande is part of adaptation and modernization plan of the stations that Metro has been carrying out in the scope of the National Plan for the Promotion of Accessibilitywith the aim of achieving the principle of "Accessibility and Mobility for All"
around 5.12 million euros have already been invested in the replacement of components and equipment in various stations
The Lisbon Metro plans to have 52 stations with full accessibility by 2025 (the goal was once 54
This number does not include the new stations in the expansion plan
which will open to the public already equipped with all the necessary equipment and means of full accessibility - we are talking about Estrela and Santos stations
Infante Santo and Alcântara stations on the Red Line extension
mechanical equipment such as stairs and escalators that provide good accessibility
as well as other systems for people with other disabilities
One of the stations that will not have full accessibility so soon will be Baixa-Chiado
since its depth makes it difficult and expensive to install elevators
Metro continues to invest in the modernization of the problematic escalators
the third phase of this process began with the replacement of three more flights of stairs with more modern and resistant equipment
The intervention is being done at the exit to Largo do Chiado, where passengers are guaranteed the use of mechanical stairs in the upward direction; the descent is done through the side pedestrian stairs. This work, which should be completed by the end of this year, is part of a global contract which includes the replacement of four mechanical stairs and the modernization of three more in this station
Disabled passengers can still access the station through the existing lift platform at the access to Rua do Crucifixo
they should request support through the help point that is located next to the handrail or through Metro de Lisboa employees present in the station
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the oldest firefighter still active in the Azores
But in addition to being at the service of people and being able to help in times of distress
Marco Medeiros is also passionate about the sea
particularly from his maternal grandfather
who was a fisherman and with whom he learned to 'read' the sea and measure how far human strength can go in its unequal duel with nature
In addition to coordinating the local Lifeguard Association
Marco Medeiros is currently a big wave surfer
But it is as a "guardian angel" for surfers
Certified by the Big Wave Risk Assessment Group
Marco Medeiros has guaranteed the safety of several big wave events in the Azores but
highlighting the famous 'cannon' of Nazaré
one of the best places in the world to surf gigantic waves
With a high level of preparation for rescues at sea
Marco Medeiros has also been very useful to the Voluntary Firefighters of Ribeira Grande
Participating frequently in rescues at sea
Medeiros rescued two Spanish surfers in the area of Santa Bárbara Beach
at night and under very difficult sea conditions
Marco Medeiros recalls his first rescue as a firefighter
which happened during a flood in the city of Ribeira Grande
He had not even completed his training in order to join the staff
when “I saved a lady who was being dragged along the river
Marco Medeiros also recalls that despite having been surfing for leisure for several years
his serious entry into this world as a security operator came about by the hand of surfer João de Macedo
the great driver behind big wave surfing in Portugal
Macedo invited him to be head of security for an initiative under EDP Mar Sem Fim Project organized in São Miguel
It was also João de Macedo who encouraged Marco Medeiros to put his feet on the board of big waves and to experience the adrenaline of surfing the giant walls of the sea
which can reach more than 10 meters high and which
are formed in better conditions in Ribeira Grande
namely in Baixa de Santana (Areal de Santa Bárbara) and Baixa da Viola
comes from “the many hours I spent with my grandfather
who was a fisherman and who made me aware of weather and sea conditions
not from the internet and weather websites
to feel the wind and to know the effects of the moon
I accompanied my grandfather at sea for many hours and it was there that I developed this passion for the ocean"
despite the knowledge he has acquired over the years
Marco Medeiros guarantees that “you cannot play with the ocean”
Marco Medeiros has already made dozens of rescues at sea
today being a well requested security operator by several big wave events taking place in Portugal and even abroad
Marco Medeiros was once the guardian angel of practically all the well-known big wave surfers in the world
including the one who is perhaps the most famous of them all
And if Marco Medeiros learned a lot from the big wave surfer João de Macedo
when the rescuer almost had to be rescued himself
Marco recalls “that this happened the first time I went to Nazaré
but it did not have the horsepower necessary to face the monstrous waves of that place. During a storm
as he catches a wave and is jumping for the sled (board attached to the jet skis that surfers cling to)
The jet ski was almost 'swallowed' by the surf
What saved Marco Medeiros was his skills in riding the jet ski
always managing to keep his balance and never losing it until breaking free from the surf. “At the time
I still lacked a little reading of the sea in Nazaré
It is therefore necessary to have great insight of the sea of Nazaré”
Marco Medeiros went through another difficult situation
in which he admitted to having “crossed safety limits” in order to save two Spanish surfers who were dragged out to sea at the end of the day
Marco Medeiros went to the sea on his jet ski with his colleague Hélder Raposo
who is being trained by him for rescues at sea
Marco Medeiros had not yet seen the Spanish surfers
He decided to communicate with the staff on land and ask them to turn on the ambulance emergency lights
which would serve as a reference point on land
It was also at that point that he made full use of the ancestral knowledge he learned from his grandfather
Marco Medeiros practically only saw a meter ahead of him when he turned back
He was left to drift so as to “read” the ocean and understand where to it dragged the surfers
Marco moved up to about a kilometer from the coast
“I was feeling the waves crashing and I had no visibility
but as I know that beach like the back of my hand
And it is then that the two Spanish surfers were found
in a last attempt and already after Marco Medeiros asked to finish the searches and return to land. As he recalls
I looked up to the sky and asked our patron saint
because I was not accepting the idea of going ashore knowing there were two lives in danger at sea..
And when I was already coming back to land
the jetski deviated a little to the right and that is when I came across the two exhausted surfers”
who do not know the sea of Ribeira Grande: "talk to the locals
because sometimes the chop (the cable that holds the surfer’s foot to the board) breaks and you will just panic and ask for help”
remembering that training apnea (breathing suspension) is essential for a surfer: when taken by a wave
remaining calm and being able to hold your breath long enough to return to the surface safely is essential to prevent an accident at sea