Vinicius Alvarenga

Vinicius Alvarenga is the CEO of Companhia Brasileira de Lítio (CBL), the oldest lithium company in Brazil, which has recently postponed plans to expand its mining capacity due to a significant decline in lithium prices. He emphasizes that while the electric vehicle market continues to grow globally, the current oversupply of lithium has made new investments unfeasible until price stability is achieved.