1. Home
  2. / Industry
  3. / Minas Gerais Is Stronger Than Ever in the Mining Production Chain: New Investments and Business Will Be Discussed by IBRAM on This 27th
Reading time 3 min of reading

Minas Gerais Is Stronger Than Ever in the Mining Production Chain: New Investments and Business Will Be Discussed by IBRAM on This 27th

Written by Daiane Souza
Published on 27/04/2022 at 08:44
Minas Gerais está mais forte que nunca na cadeia produtiva da mineração: Novos investimentos e negócios serão temas tratados pela IBRAM neste dia 27 - Fonte: Pixabay
Minas Gerais está mais forte que nunca na cadeia produtiva da mineração: Novos investimentos e negócios serão temas tratados pela IBRAM neste dia 27 – Fonte: Pixabay
Seja o primeiro a reagir!
Reagir ao artigo

Nova Lima, City Located in the Interior of Minas Gerais, Will Host an Event This Wednesday, April 27, in Which Businessmen from Around the Country Will Debate New Mining Opportunities in the Region. The Event Is Scheduled to Take Place Fully Online Around 2 PM. One of the Topics to Be Addressed by Entrepreneurs Is About Business Generation and Greater Partnership Flexibility.

The  Brazilian Mining Institute (IBRAM) is one of the organizations responsible for the event scheduled to take place this Wednesday, April 27, online. In summary, the event is expected to address the relationships of suppliers in the mining productivity chains while also expanding business alternatives for the soils of Nova Lima, a city located in the interior of Minas Gerais, which has always been in the sights of small to larger mining brands.

Nova Lima Has a Strong Mining History, See Video 

YouTube video

According to the video published by Roger’s YouTube channel, the city of Nova Lima has always had a strong mining history, so much so that many Brazilians had to move to the region in search of better life opportunities for their families. Houses were built decades ago with the intention of obtaining what the soil had to offer: minerals. It is one of the most promising areas in the region and is expected to significantly boost the economy.

Mining Event in Nova Lima Will Attract Global Interested Parties

The Association of Mining Municipalities of Minas Gerais (AMIG) states that the event is expected to be quite promising and will impact the way the economy is viewed in the state of Minas Gerais. In summary, during an exhibition that took place in 2007, over a decade and a half ago, in the state capital, Belo Horizonte, it is estimated that more than 300 exhibitions on the subject have been held, while about 85 of them involved foreigners. 

Mining in Brazil affects not only the local economy but also the global economy, and directly impacts the formation of GDP, Gross Domestic Product. Currently, the state ranks second when it comes to mineral exports, accounting for around 36% of the total in the country, second only to the state of São Paulo, which makes up over 50% of the market. Other suppliers are holding a very small share, at only 14%.

The Institutional Relations Consultant of AMIG, Waldir Salvador de Oliveira, gave an interview and stated that it is crucial for companies providing personal protective equipment for mining workers to also go to the regions where this type of activity takes place. This way, it is increasingly possible to create jobs and generate income among companies, especially as the B2B, Business To Business sector is opening up.

The Secretary of Economic Development of Nova Lima, Abner Henriques, states that the city of Nova Lima already has good mining policies that ensure sustainability for the people living there. Not to mention that all the non-bureaucratic processes and installation of companies facilitate the movement of the local economy by creating new brands and partnerships. The boost is being provided by the Financial Compensation for Mineral Exploration (CFEM) and a Master Plan. Abner argues that economic diversification is more than essential.

Share in apps