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(Lat Am Investor)  … However, as mining experts reveal elsewhere in this report, copper supply will be unable to replace every existing internal combustion engine with an EV by 2050. … That means biofuels will also play an important role. Latin America is already the world’s largest biofuel producer and, more importantly, it has ample room to increase production. A UN report found that thanks to abundant freshwater and vast stretches of unused farmland, Latin America’s has 42% of the world’s potential increase in agricultural production. … When Brazil’s largest biofuel producer, ECB Group, starts operations in Paraguay it will cement Latin America’s leading position in the industry. That’s because the Paraguayan project, Omega Green, is Latin America’s first ever second-generation biorefinery. Omega Green, which opens in 2024, will produce HVO, a type of biodiesel, and SPK, a bio aviation fuel. European oil majors, Shell and BP, have already signed offtake con

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