Mining Machines and Equipment Will Be Manufactured in Brazil by German Multinational

Written by Kelly

Published on 22/09/2020 at 11:27

Maquinário da thyssenkrupp para setor de mineração/Imagem: Divulgação

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Thyssenkrupp Is Preparing to Meet the Growing Demand of Large Mining Companies in Brazil with Local Manufacturing Facilities as Major Players Seek to Expand Production

After Bauer Group, which specializes in construction and mining solutions and machinery, expressed interest in investing in the mining sector in Brazil as the country seeks solutions for issues related to tailings dams, the German multinational Thyssenkrupp has now decided to manufacture parts and equipment for machines in the national mining sector.

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The company, which has two service centers in Brazil, one in Minas Gerais and another in Pará, will modernize the units to produce the parts and equipment for machines, in pursuit of greater competitiveness in cost and logistics.

“We will leverage our service centers to manufacture high-value-added machine parts and equipment that have been imported, creating cost reductions and faster delivery times,” said Paulo Alvarenga, South America Operations President of Thyssenkrupp, to the newspaper Valor Econômico.

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Mining in Brazil: More Production Ahead

The mining sector in Brazil, which is heavily concentrated in iron ore, has been hit by two major tailings dam failures in recent years and suffered the effects of COVID-19. However, major players are preparing to expand production.

The country’s largest mining company, Vale, said last week that it plans to gradually increase its annual iron ore production to 400-450Mt in the coming years. This year, the mining company expects to produce between 310Mt and 330Mt.

The Brazilian steelmaker CSN, for its part, announced plans to conduct an IPO of its mining unit CSN Mining to finance its expansion plan.

CSN Mining, which is the second-largest iron ore producer in Brazil, plans to expand its production capacity to 108Mt by 2033, compared to the 33Mt currently.

Mining Machines and Equipment Will Be Manufactured in Brazil by German Multinational

Thyssenkrupp Is Preparing to Meet the Growing Demand of Large Mining Companies in Brazil with Local Manufacturing Facilities as Major Players Seek to Expand Production

Read Also

Mining in Brazil: More Production Ahead

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Mining Machines and Equipment Will Be Manufactured in Brazil by German Multinational

Thyssenkrupp Is Preparing to Meet the Growing Demand of Large Mining Companies in Brazil with Local Manufacturing Facilities as Major Players Seek to Expand Production

Read Also

Mining in Brazil: More Production Ahead

With billions in loans, China is rebuilding Nigeria’s railway network from scratch, abandoning the British colonial tracks that have turned to scrap and creating a corridor of over 1,300 km to take the load off the roads of Africa’s largest economy.

A British company has installed in the middle of the ocean the world’s first floating platform that generates electricity 24 hours a day from the temperature difference between the surface and the depths of the Atlantic, without relying on wind or sun.

China is building an artificial island in the middle of the sea, covering 20 km², to construct the largest offshore airport in the world, the Dalian Jinzhouwan. This $4.3 billion project is anchored on more than 3,000 pillars embedded in the rock beneath the ocean and is scheduled to open in 2035.

Forget petroleum-based asphalt: a Scottish company transforms 684,000 plastic bottles into one kilometer of road that is 60% more resistant and up to 10 times more durable, and the technology has already started replacing traditional asphalt in more than 30 countries.

A robot named Walter does the work of five bricklayers per hour and can save the construction industry, where the average age of professionals is 46 years and almost no one wants to learn the trade anymore, in the United Kingdom.

Austrian engineers have developed an inflatable concrete technology that transforms flat slabs into domes using only air pressure, eliminating scaffolding and temporary forms, and potentially changing the way bridges, tunnels, and curved roofs are constructed worldwide.

The James Webb telescope spotted a planet 700 light-years from Earth with mornings full of sand clouds and nights with clear skies, the temperature difference between the two hemispheres reaches an impressive 170 degrees.

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In China, even those who beg on the street already have a QR Code, paper money has practically disappeared from daily life in just ten years, and the entire country has come to live on invisible payments via mobile phones.

Brazil will harvest a record crop of up to 357 million tons of grains, but it does not have the capacity to store a large part of it. The storage deficit has reached the highest level in history and is equivalent to almost the entire production of Argentina.

Scientists considered detonating 213 nuclear bombs in the Sahara to create an artificial sea the size of El Salvador, with each explosion being a hundred times more powerful than the Hiroshima bomb, and the goal was to generate more energy than Egypt’s largest hydroelectric plant.