In 2024, Brazil expects to harvest 303.4 million tons of grains, marking a 3.8% drop from 2023’s peak of 315.4 million tons, as per IBGE’s report. This decline in output highlights a modest shrinkage in farming land to 77.6 million hectares, a minor 0.3% reduction. Corn, soybeans, and rice, key crops in Brazil, will dominate, […]
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Lithium’s Pricing Revolution
Global lithium mining companies are adopting auction-based pricing to manage soaring demand and volatile prices. As sustainable energy needs grow, lithium’s role becomes crucial, transitioning towards transparent pricing similar to iron ore’s historical shift. Albemarle Corp., a leading lithium supplier, spearheaded this move in March, allowing buyers to bid on shipments. In addition, this auction […]
