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Gulf Resources Partners with Montes Verdes to Enter Brazilian Mineral Sector, Targeting a Revenue of at Least US$180 Million.

Aug 29, 2026•about 3 hours ago

Contract Type

partnership

ShouguangManufacturingEnergyOil And Gas

Description

Gulf Resources has formed a partnership with Brazilian company Montes Verdes to explore opportunities in the country's mineral sector, focusing on lithium and other valuable resources. The joint venture aims to leverage Brazilian mineral assets alongside Gulf Resources' technology and operational expertise, with projected revenues of at least US$180 million by 2027.

Company Information

Company

Gulf Resources

Location

Shouguang, Shandong, China

About

Gulf Resources, Inc. operates through four wholly-owned subsidiaries, Shouguang City Haoyuan Chemical Company Limited ("SCHC"), Shouguang Yuxin Chemical Industry Co., Limited ("SYCI"), Daying County Haoyuan Chemical Company Limited (“DCHC”) and Shouguang Hengde Salt Industry Co. Ltd. (“SHSI”). The Company believes that it is one of the largest producers of bromine in China. Elemental Bromine is used to manufacture a wide variety of compounds utilized in industry and agriculture. Through SYCI, the Company manufactures chemical products utilized in a variety of applications, including oil and gas field explorations and papermaking chemical agents, and materials for human and animal antibiotics. Through SHSI, the Company manufactures and sell crude salt. DCHC was established to further explore and develop natural gas and brine resources (including bromine and crude salt) in China. For more information, visit www.gulfresourcesinc.com.

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