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55.000 jobs to be created in new mining project in Brazil worth a whopping US$5 billion

Written by Roberta Souza
Published 09/11/2024 ร s 10:20
iron ore, ore, iron
Photo: Reproduction NewsBA
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Partnership between Brazil Iron and CBPM includes construction of railway and steel plant, with special attention to quilombola communities and environmental sustainability

Brazil Iron and the Bahia Mineral Research Company (CBPM) have entered into a partnership for a large iron ore extraction project in Chapada Diamantina, Bahia. Valued at $5 billion, project includes the construction of a railway and a steel mill by 2028. He promises to bring targeted investments to the local economy, benefiting the third largest mineral hub in Brazil, according to the Mining News website.

CBPM, a state-owned mineral research company in the state, will act as a consultant for Brazil Iron. The company helped mediate relations between the mining company, the government and civil society. The aim is to ensure sustainable and respectful progress with the quilombola communities near the mining area. iron ore.

Responsible and innovative partnership

The iron ore stands out not only for its size, but for the CBPM's operating model. For the first time, the state-owned company will act in an advisory and logistical role. She will be responsible for supporting everything from bureaucratic issues to relationships with local communities.. Henrique Carballal, president of CBPM, stated that the partnership represents a change in philosophy for the company. For 52 years, the company dedicated himself exclusively to iron ore mineral research.

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Photo: Reproduction Brazil Iron

โ€œCBPM took over the responsibility to ensure that the project moves forward responsibly, focusing on the interests of the state and local communities,โ€ said Carballal. The state-owned adjusted its performance to follow strict sustainability criteria. This is especially important for respecting the quilombola communities that live near the Fazenda Mocรณ mine, in Piatรฃ.

Significant economic impact

the project too promises to generate great economic impact. Emerson Souza, Vice President of Institutional Relations at Brasil Iron, estimates the creation of 55 thousand direct and indirect jobs. In addition, the company designs a tax revenue of R$ 47 billion for the state of Bahia in the coming years.

โ€œThis project of iron ore is not just an economic investment. It represents a development opportunity for the region. CBPM's participation teaches us to importance of maintaining a transparent relationship with local communitiesโ€, highlighted Souza. In the projects of iron ore In the past, the lack of dialogue with quilombola communities has generated conflicts. Thus, the focus now is to avoid this type of problem and ensure greater collaboration.

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LUIS RIBEIRO DE CARVALHO
LUIS RIBEIRO DE CARVALHO
09/11/2024 17:59

I DON'T BELIEVE THAT A MUNERATION COMPANY CAN CREATE 55 THOUSAND JOBS, EITHER HERE OR ANYWHERE ELSE

Renato Gouvea
Renato Gouvea
In reply to  LUIS RIBEIRO DE CARVALHO
10/11/2024 05:35

Automation is very big in mining today, so I agree with you, and where there is a state-owned company, there is a problem, these people lie a lot, they overestimate everything. Let's wait for the next chapters.

JC
JC
In reply to  LUIS RIBEIRO DE CARVALHO
10/11/2024 05:54

One of the biggest fallacies to move the population. Here in Ilhรฉus, when they launched the Porto Sul project 18 years ago, they said 90 thousand jobs. After well-founded criticism, this number was reduced to less than 500 jobs.

Manoel
Manoel
In reply to  LUIS RIBEIRO DE CARVALHO
10/11/2024 15:19

But this is real, the projection is that in 100 years it will be the second largest in Brazil, losing only to Vale in Para

Abalen Abirached
Abalen Abirached
10/11/2024 02:18

If there is indeed mining for the purpose of a steel mill and railroad, then it can be considered that our wealth will have added value before exportation, and this would bring real benefits to our population while mining lasts. It is much better to export steel than to export ore. We need to resume the production of locomotives in the country and create a large railroad network connecting all the capitals. This would indeed improve the lives of our population, creating thousands of jobs, income, and tax collection.

Future
Future
10/11/2024 07:55

The destruction this causes to the environment is colossal. What's the point in employing people and destroying the life of ecosystems? There's no money to pay for the destruction...ex. Mariana.

Alair Rogerio of the Birth
Alair Rogerio of the Birth
In reply to  Future
15/11/2024 16:42

A project of this magnitude generates an environmental counterpart of even greater proportions and if not, the authorization to begin operations is not granted. And the government, of course, would never miss the opportunity to raise funds with all this monetary potential!!!

Nun
Nun
10/11/2024 11:18

Will they be? Reporters writing incorrectly are the endโ€ฆ

Manoel
Manoel
10/11/2024 15:21

Go to a municipality that has 20 thousand reais to spare today and buy a 300 square meter plot of land; when these works begin, it will be worth 500 thousand reais.

Eulanio
Eulanio
In reply to  Manoel
15/11/2024 06:41

I live in Piatรฃ and if you have money, now is the time to invest, the rent price here is surreal.

Roberta Souza

Petroleum Engineer, postgraduate in Commissioning of Industrial Units, specialist in Industrial Corrosion. Get in touch to suggest an agenda, advertise job vacancies or advertise on our portal. We do not receive resumes

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