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Home Investments in the mining sector in Cuiabá –MT are announced by Metamat

Investments in the mining sector in Cuiabá –MT are announced by Metamat

12 October 2020 to 12: 46
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mining - Metamat - investments
Mining in Brazil

Through social networks, the President of Metamat announced that he will make investments to leverage mining in the region of Cuiabá - MT  

Companhia Matogrossense de Mineração (Metamat) recently underwent a restructuring of its structure with the aim of bringing more investment to the agency, and recently announced that it wants to re-establish the state's mining industry. In order to save resources, the mining company cut personnel costs by R$800 per month, adding up to more than R$10 million in savings per year.

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Metamat president attends meeting with Chinese businessmen to discuss future investments

“The meeting was excellent with the businessmen and big investments for the mining industry are on the way”, said Juliano. The Company is also preparing a cooperation agreement with the National Mining Agency (ANM), through which it will assist the federal agency, which currently does not have an adequate structure to keep up with the growing demand for mining requirements.

Through the agreement, Metamat will receive authorization from the Ministry of Mines and Energy to inspect and analyze the state's requirements.

Mining in Brazil: the panorama of the sector in the Brazilian economy  

When talking about economic activities in Brazil, it is impossible not to mention the growth of mining as an essential component. In 10 years, the development of mineral extraction was 550% in the country.

From 2014 to 2018, investment in the area was around 48 billion euros, with potential for expansion. With more than 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 history.

A few centuries after the beginning of colonization, mineral activity began to take place. It was in the XNUMXth century that mining in Colonial Brazil began — mainly in Minas Gerais.

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