PROJECT

Projects

Summary of Investment Information

Project Number

50020

Company Name

RIMA INDUSTRIAL SA

Date SPI Disclosed

Dec 17, 2024

Country

Brazil

Region

Latin America and the Caribbean

Projected Board Date

Mar 3, 2025

Environmental Category

B - Limited

Status

Active

Last Updated Date

Jun 6, 2025

Department

Regional Industry MAS LAC & EUR

Industry

Agribusiness and Forestry

Previous Events

Approved : Mar 5, 2025
Signed : Apr 3, 2025
Invested : Jun 3, 2025

Sector

Plantation Forests

Project Description

Rima Industrial S.A. (“Rima” or the “Company”) is a leading Brazilian producer of silicon-, ferroalloys- and magnesium-based products. IFC’s proposed financing would support improvements in Rima’s forestry division (the Project).

Associated Advisory Engagement

IFC is proposing an upstream engagement to explore the viability of modernizing its charcoal kilns, which would substantially reduce Rima's already low emissions factor. This could have substantial market-wide effects, as cost-effective technology is not currently available for silicon and magnesium producers (who require high purity).

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation