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Brazil receives R$2,8 billion to host a new mining company and will generate 5,7 thousand jobs! Rare earth extraction project promises to boost the economy and attract more investment 

Written by Valdemar Medeiros
Published 20/08/2024 às 06:30
Brazil receives R$2,8 billion to host a new mining company and will generate 5,7 jobs
Photo: (Photos: Lucas Diener) – Agencia Cora Coralina Noticias

A mining company is planning billion-dollar investments to extract rare earths. The new venture, located in Goiás, promises to generate thousands of jobs in the region, boosting the local economy and strengthening the mining sector.

The governor of Goiás, Ronaldo Caiado, together with vice-governor Daniel Vilela, recently signed a protocol of intentions with the mining company Aclara Resources to begin the ambitious Carina Project. This project, aimed at the extraction of rare earths in the municipality of Nova Roma, located in the Northeast of Goiás, involves significant investments, estimated at R$2,8 billion. The expectation is that this massive investment will generate approximately 5,7 direct and indirect job openings in the region, boosting the local economy and placing Goiás in the spotlight in the mining sector. This venture, in addition to promoting economic development, reinforces the state's commitment to the sustainable use of its natural resources, opening new growth opportunities for the population of Goiás.

When will the mining company be built?

According to the state governor, the company Aclara has experience in rare earths and uses modern technology. The project will be implemented in one of the most needy regions of the state of Goiás, without causing any type of negative impact.

In fact, the expectation is that there will be a positive impact, with more than 5,7 job vacancies opened with the investments. With the project, the state will become an important hub for the segment. 

Vice-governor Daniel Vilela reinforced the mining company's investments and the government aims to undertake in his state, in the most deprived region in terms of jobs, a place that depends heavily on public authorities for human and social development. The arrival of the mining company Aclara Resources will transform Nova Roma.

Mineradora Aclara should start producing in 62 months (Photos: Lucas Diener)

The rare earths project must be built within two years, during which time job creation will begin, and production will begin in 62 months. During the installation of the unit in Goiás, the company will establish partnerships with educational institutions to train and qualify local or regional labor. The priority is to find people, products and services from Goiás.

Understand the objective of the mining company’s investments in Brazil

The mining company Aclara, which already operates in the Chile, aims to bring a sustainable rare earth enterprise to Brazil, without the use of explosives or production of liquid waste. Furthermore, the company does not need to create a tailings dam and treats the water used at a rate equivalent to 95% reuse.

Second Ramón Gino Barúa Costa, CEO of the mining company, this project aims to accelerate the licensing and development process of the Carina project, producing in a sustainable way with a focus on socioeconomic growth. A bright future is being built for the state, being a reference as a sustainable and strategic project for the energy transition.

The secretary of Industry, Commerce and Services, Joel Sant'Anna, states that what is being done in Goiás is the technological evolution of a highly capable company, which raises funds on the stock exchange and also where all the mineral circulates. The mining company will bring an evolution to Nova Roma with minimal environmental damage. 

Positive impacts of new investments in rare earths

A study presented by the mining company indicates that the installation of the unit in Nova Roma aims to increase the social and economic development of the municipality. According to Environment Secretary Andréa Vulcanis, it is a large investment and all environmental criteria will be required like any other project in the state.

The technology applied in this type of rare earth mining does not involve large pits, there will be no tailings dam, as there is more advanced technology, which reduces many environmental impacts, there is control to be carried out over impacts on the physical and biotic environment, taking care of fauna, flora, but also of people. Rare earth minerals are rich in chemical elements.

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Felicia
Felicia
21/08/2024 06:46

It is no longer enough to destroy through agriculture... now comes mining.

Julius
Julius
In reply to  Felicia
22/08/2024 10:31

You want to live in the Stone Age, hunting your own food. But you don't want to give up your cell phone, car, etc.
Just to let you know, the milk you drink is not produced in the carton... Ignorance kills...

walber
walber
21/08/2024 09:19

What kind of mineral is there?

Andre Henrique
Andre Henrique
In reply to  walber
02/11/2024 18:34

I believe there are several, as I know there is quartz in the Chapada region, a very rich region.

Valdemar Medeiros

Journalist in training, specialist in creating content with a focus on SEO actions. Writes about the Automotive Industry, Renewable Energy and Science and Technology

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