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By Means of Social Networks, the President of Metamat Announced That He Will Make Investments to Boost Mining in the Region of Cuiabá – MT
The Mato Grosso Mining Company (Metamat) recently underwent a restructuring of its framework with the goal of attracting more investments to the organization, and recently announced that it wants to reestablish the state’s mining industry. To save resources, the mining company reduced personnel expenses by R$ 800 thousand per month, totaling over R$ 10 million in annual savings.
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President of Metamat Participates in Meeting with Chinese Businessmen to Discuss Future Investments
“The meeting was excellent with the businessmen, and major investments for the mining industry are on the way,” said Juliano. The Company is also preparing a Cooperation with the National Mining Agency (ANM), through which it will assist the federal agency, which currently lacks adequate structure to handle the growing demand for mining applications.
Metamat will receive, through the agreement, authorization from the Ministry of Mines and Energy to supervise and analyze the state’s applications.
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Norway will excavate 3 million cubic meters of rock to open a 1,700-meter maritime tunnel, where ships will pass through a mountain in 10 minutes, escaping a stretch that has killed more than 30 people since 1900.
Mining in Brazil: The Overview of the Sector in the Brazilian Economy
When discussing Brazil’s economic activities, it is impossible not to mention the growth of mining as an essential component. In 10 years, the development of mineral extraction has increased by 550% in the country.
From 2014 to 2018, investment in the area was around 48 billion euros, with potential for expansion. With over 3,000 mines spread across the national territory, Brazil is one of the five largest mineral producers in the world. Mining in Brazil is intertwined with the country’s own history.
Several centuries after the beginning of colonization, mineral activity began to occur. It was in the 18th century that mining in Colonial Brazil began — primarily, in Minas Gerais.
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