The partnership with Finova, a Brazilian company dedicated to mining waste management, advances Metaswaps' mission of creating value for the critical metals industry.
Metaswaps has entered into an agreement with Finova, a Brazilian company dedicated to mining waste management, a step that strengthens the company’s strategy in the valorization of tailings and mining liabilities and advances its mission of creating value for the critical metals industry.
A partnership between Chile and Brazil
Chile and Brazil are two of Latin America’s leading mining powers. The collaboration between Metaswaps and Finova aims to combine knowledge of the Chilean mining market with Finova’s expertise in mining waste management to identify and develop joint opportunities in this field.
Mining waste: from liability to opportunity
Tailings and other waste generated by decades of mining activity still contain metals that are now considered strategic. Managing them properly reduces environmental liabilities while recovering valuable resources under a circular economy approach.
Focus on critical metals
The energy transition, electric mobility and the growth of renewable energy are driving demand for critical metals such as copper, cobalt, molybdenum and rare earths. This agreement is part of Metaswaps’ commitment to delivering solutions that make better use of these resources, both from mining property and from the waste left by extractive activity.
Next steps
Metaswaps will report on the progress of this partnership and the initiatives developed together with Finova in due course.