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Potassium mine in Amazonas that will generate 19 THOUSAND JOB vacancies receives the green light from the government and unlocks US$ 2,5 billion for Brazil

Written by Valdemar Medeiros
Published 13/04/2024 às 13:12
Potassium mine in Amazonas
Photo: Amazonas-SDCX

Brazilian company plans to invest billions in a potash mine in Amazonas. The project promises to generate more than 16 THOUSAND job openings, check out the details!

After 15 years of legal battles and disputes of interest, it seems that the great impasse regarding the exploration of the potassium mine in the Amazon rainforest finally came to an end last Tuesday (9). O government of amazon handed over to Potassium Brazil the first environmental license for the installation of the Potássio Autazes Project, which promises to generate around 19 thousand direct and indirect jobs.

Company plans to invest US$2,5 billion in potash mine in Amazonas

Brazil depends on imports for 95% of its potash consumption and is one of the main customers of suppliers such as Canada, Belarus and Russia, main world producers. Last year, the country imported around 10 million tons.

With the license in hand, the expectation of Potassium from Brazil é invest around US$2,5 billion in the development and exploration of the mine. Controlled by the Canadian Forbes&Manhattan, the company announced the discovery of the potash mine in Amazonas in 2010. Since then, around R$1 billion has already been invested in the project.

The license currently granted authorizes the installation of the potash mine's manufacturing unit in Amazonas. The government's expectation is that 2,6 job vacancies will be created over the next few years. In the operating phase, the factory promises to generate 1,3 direct jobs and another 16 indirect jobs.

According to Wilson Lima, governor of the State, the implementation of an activity like this generates social indicators, quality of life for indigenous people, job vacancies, income, advances in sanitation, water supply, asphalting of branches, education, health and everything what is essential for what is important so that we can have a better place to live.

Potássio do Brasil speaks about investment in the mine 

The annual capacity of the potash mine in Amazonas is estimated at 2,5 million tons. The expectation is that this production will meet 20% of the national demand for potassium chloride, a fertilizer used in agricultural production in Brazil. Currently, 95% of the potash used in the country is imported, mainly from Canada, Russia, Germany, Belarus and Israel.

According to the president of Potássio do Brasil, Adriano Espeschit, with this license the company will ensure that the potash mine in Amazonas moves forward and that these numbers and results become reality as soon as possible. 

It is worth mentioning that, in 2009, the National Mining Agency granted the area for exploration to Potássio do Brasil. In 2017, the environmental licensing process was suspended after a public civil action filed by the Federal Public Ministry, which required consultation with indigenous peoples within a 10 km radius of the project.

Understand the course of project licenses

In 2019, an agreement was reached in court, with the presence of 44 villages. However, the MPF and the Mura indigenous people asked the court that the person responsible for licensing should be Ibama, and not Ipaam, a state government body.

Last year, the Federal Court of Amazonas annulled, through an injunction, the prior license issued by Ipaam. At the time, the Court's understanding was that, as it caused impacts on indigenous lands, the licensing process should be conducted by a federal body, in this case, the Ibama.

Only in February this year, the Federal Regional Court of the 1st Region overturned the injunction, returning to Ipaam the authority to grant the license for the potash mine in Amazonas, which promises to generate thousands of jobs.

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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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