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BYD COMPANY Reportedly Holds Mining Rights for 2 Plots in Brazil
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BYD COMPANY (01211.HK) acquired mining rights in 2023 for two plots of land rich in lithium in Brazil, marking its entry into the largest market outside China for lithium mining, Reuters reported, citing public registration documents.

The plots are only a half-day drive from BYD COMPANY's new factory project in northeastern Brazil, and the company also agreed to invest in the project in 2023.

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