Boston Metal do Brasil

Our Brazilian subsidiary is located in Coronel Xavier Chaves near São João del Rei, Minas Gerais. Boston Metal do Brasil is home to the first commercial deployment of our Molten Oxide Electrolysis (MOE) technology for high-value metals production.

Recovering high-value metals from mining waste

We’re turning a liability into an asset with MOE by using electricity to reclaim valuable metals from waste produced by mining.

The team

Our team in Brazil is looking forward to working in a state-of-the-art facility that has recently been constructed for our specific needs.

Leadership

Tadeu Carneiro

Chairman & CEO, Boston Metal

Tadeu Carneiro
Chairman & CEO, Boston Metal

Since joining Boston Metal in 2017 as employee #6, Tadeu has led the company through massive growth, oversubscribed funding rounds, significant scientific developments and the opening of Boston Metal do Brasil.

He brings nearly 50 years of metals industry experience and deep expertise in global strategy, technology development and customer-focused growth. During Tadeu’s 28 years at CBMM (10 of those as CEO), he grew revenue from $100M to over $2B and led an 800% increase in the global niobium market. Tadeu holds a bachelor’s and master’s in metallurgical engineering from Escola Politécnica da USP and an MBA from University of Pittsburgh Katz Graduate School of Business.

Tadeu is also a metallurgical engineer, an invited lecturer for the Department of Materials Science and Engineering at MIT, the lead independent director at Ivanhoe Mines and an advisory board member at Brigham Women’s Heart and Vascular Center.

Itamar Resende

President, Boston Metal do Brasil

Itamar Resende
President, Boston Metal do Brasil

Itamar is leading Boston Metal do Brasil, our subsidiary focused on recovering high-value metals from mining waste.

With nearly 50 years of experience in the global metals and mining industry, Itamar is well-versed in leading teams and companies to succeed. He has over 20 years of C-suite experience and held leadership roles at LSM Brazil (AMG), LSM UK (AMG), Mineracao Taboca and Sigma Lithium. Itamar holds a bachelor’s in metallurgical engineering from Universidade Federal de Ouro Preto (UFOP) and a master’s in electrometallurgy from Universidade Federal do Rio de Janeiro.

Learn more about Boston Metal do Brasil

Fernanda Fenga

SVP, Corporate, Boston Metal

Fernanda Fenga
SVP, Corporate, Boston Metal

Fernanda oversees the administration of Boston Metal, including human resources, financial operations, IT, risk management, supply chain, compliance and legal affairs. She brings over 20 years of executive experience in these fields as well as in investor relations and government relations in the metals and mining industry.

She started her career working as tax advisor at PwC where she provided services to a range of global enterprises. Fernanda holds a bachelor’s in law, a master’s in corporate law from Ibmec and a master’s in business law from Fundação Getulio Vargas.

Bernardo Pereira
Bernardo Pereira

Director of Administration & Finance, Boston Metal do Brasil

Bernardo Pereira
Bernardo Pereira
Director of Administration & Finance, Boston Metal do Brasil
Bernardo has over 35 years of experience in finance, accounting, tax and internal controls. He started his career at PwC where he worked for 25 years, including 11 years as partner. He has provided consulting services to various Brazilian and multinational companies across diverse sectors such as chemical, automotive, retail and pharmaceuticals, engaging in projects related to corporate restructuring, family succession and due diligence for acquisitions. He served as an instructor at PwC, delivering both internal and external training programs. Most recently, Bernardo was the corporate and finance director for a large group based in Northeast Brazil operating in real estate, electrical and food sectors. Additionally, he serves as a pro bono fiscal advisor for a social assistance foundation. Bernardo holds degrees in business administration and accounting.
Eduardo Moraes

Director of Industrial Operations, Boston Metal do Brasil

Eduardo Moraes
Director of Industrial Operations, Boston Metal do Brasil

As the Director of Industrial Operations, Eduardo oversees multiple cross-functional teams at Boston Metal do Brasil . He brings 23 years of engineering, management and technical experience in the industry.

During his five years at Largo Inc., Eduardo led general maintenance management and capital engineering for two sites where he improved cost adherence, increased availability and reliability of production plants and implemented a successful expansion. He spent five years with AMG Mining, managing the maintenance of mechanical, electrical and civil areas of the business. He also worked with Anglo American and LSM Brazil in the metallurgical and chemical sector. Eduardo’s variety of experience has prepared him to successfully lead and optimize Boston Metal do Brasil’s growing operations.

Eduardo holds a bachelor’s in mechanical engineering from the Universidade Federal de São João del Rei (UFSJ) and an MBA from Fundação Getulio Vargas (FGV).

Boston Metal do Brasil — History & The Path Forward

Here’s a look at what we’ve accomplished so far and what we expect to achieve in the next few years.

2022

  • Boston Metal do Brasil opens as a wholly owned subsidiary of Boston Metal
  • Site secured and design work begins on the high-value metals facility in the municipality of Coronel Xavier Chaves near São João del Rei, Minas Gerais, Brazil

2023

  • Offices and pilot plant completed
  • Start of operations
  • Construction of the demonstration plant begins

2024

  • Demonstration plant begins operations; pilot plant continues
  • Start of commercialization
  • Construction kicks off for the industrial plant

2025

  • Pilot and demonstration plants continue to operate
  • Build-out of industrial plant

2026

  • Completion of industrial plant
  • Pilot and demonstration plants continue to operate

Boston Metal do Brasil is hiring!

Our rapidly growing Brazilian subsidiary in Minas Gerais is growing quickly and recruiting professionals to be a part of the commercialization of MOE for high-value metals production.

Boston Metal facility construction in Brazil