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EXPOSIBRAM 2024: Brazilian Mining in the Spotlight – Driving Investments for the Energy Transition

Written by Corporativo
Published on 11/09/2024 at 17:56
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EXPOSIBRAM 2024 in Belo Horizonte, at Expominas, Discusses Sustainable Mining, Clean Energies, and Investment Attraction. Estimated US$ 50 Billion by 2027.

EXPOSIBRAM 2024 in Belo Horizonte, at Expominas, will be a crucial stage for discussions on sustainable mining, renewable energies, and attracting investments. During the event, it is estimated that the sector could attract significant investments, expected to be around US$ 50 billion by 2027, highlighting the economic and environmental importance of mining in energy modernization.

With the participation of Jorge Viana, president of ApexBrasil, at the Brazilian Mining Congress, the meeting will emphasize the relevance of attracting international investors to the mineral sector. Furthermore, the event aims to strengthen the productive chain, promoting the transformation of minerals focusing on the energy transition. The economic impact of the event will be significant, projecting a promising future for the mining industry and consolidating Brazil as a hub of innovation and sustainability.

In September, the Expo & Brazilian Mining Congress (EXPOSIBRAM), a relevant event in the sector in Latin America, will be a major hub for mining experiences. Organized by the Brazilian Mining Institute (IBRAM), the event brings together, at Expominas, representatives from global mining companies, renowned specialists, suppliers of products and services, players from the productive, governmental, and third sectors.

Importance of the Mineral Sector at the Event

Jorge Viana, president of the Brazilian Agency for the Promotion of Exports and Investments (ApexBrasil), participates in the panel on ‘Attracting International Investments for the Transformation of Critical Minerals in the Energy Transition’, which takes place on Thursday, September 12, at 3:30 PM. He highlights: ‘Apex has been working in harmony with the critical minerals policies of the Ministry of Mines and Energy and with the New Industry Brazil Plan of the Ministry of Development, Industry, Trade and Services to position Brazil as an important player in the energy transition and show the potential of the Brazilian mineral sector as a sustainable and promising segment‘.

The mining sector in Brazil projects to attract US$ 50 billion in investments by 2027. The country has significant reserves of strategic minerals: 94.1% of niobium, 16% of nickel, 9.1% of rare earth elements, 22.4% of graphite, and 4.7% of the world’s lithium reserves, critical minerals for the energy transition. As Viana pointed out, Brazil holds almost all strategic minerals needed by the USA, China, and the European Union, and, in the face of climate change, the world will seek clean and renewable energy sources.

Attractiveness of Mining and the Sustainable Segment

The demand for critical minerals is expected to grow, requiring new foreign investments in mining. Apex is ready for this mission. Viana also emphasizes that exploration must be carried out responsibly, following the ESG principles (environmental, social, and governance), to avoid new environmental issues.

The panel ‘Attracting International Investments for the Transformation of Critical Minerals in the Energy Transition’ will be moderated by Helena Brandão, investment manager at ApexBrasil. In addition to Jorge Viana, participants include Anderson Arruda from the Civil House, Heloísa Borges from the Energy Research Company, Rodrigo Cota from the Ministry of Mines and Energy, Ricardo Bastos from the Brazilian Electric Vehicle Association, and Leonardo Uehara from ANODOX AB. Discussions will explore perspectives and business opportunities in the mining production chain.

Data from the Mining Industry in Brazil

There is an estimated presence of over 60,000 participants at the event, with around 400 suppliers at round tables and more than 450 exhibitors in an area of 13,000 square meters.

The Brazilian mineral sector generated R$ 248 billion in 2023, providing over 214,000 direct jobs and approximately 2.5 million indirect jobs throughout the production chain. According to the Ministry of Mines and Energy, 200 municipalities received R$ 6.8 billion through CFEM last year, with Minas Gerais, Pará, Goiás, and Bahia being the main beneficiaries.

Vision of ApexBrasil and Strategies for the Mining Industry

ApexBrasil promotes Brazilian products and services abroad and attracts foreign investments to strategic sectors of the economy, including mining. Its commercial promotion activities include prospecting missions, business rounds, support for Brazilian companies at international fairs, visits from foreign buyers, and other strategies to strengthen the Brazil brand and attract direct investments.

About EXPOSIBRAM and IBRAM

The Expo & Brazilian Mining Congress (EXPOSIBRAM) is a fundamental event for mining in Latin America, organized annually by IBRAM. This international fair is a crucial space for business generation, while the congress discusses scenarios and trends in the sector. Major mining companies and global suppliers of products and services will be present, showcasing technological innovations, equipment, software, and data on investments and management in the mining industry.

The Brazilian Mining Institute (IBRAM), a private non-profit organization with over 200 members, is involved in improving the competitiveness and image of the mining sector, aligning with ESG principles to promote the production chain and strategic industries according to the New Industry Brazil (NIB) program.

Panel Details at EXPOSIBRAM

Service – Panel ‘Attracting International Investments for the Transformation of Critical Minerals in the Energy Transition’ – with the participation of the president of ApexBrasil, Jorge Viana – Date: Thursday, September 12, 2024 – Time: 3:30 PM – Location: Expominas BH – Avenida Amazonas, 6200 – Gameleira Neighborhood – Belo Horizonte – MG.

Source: APEXBRASIL Press

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