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The company's expansion project in the national mining market will receive a billionaire investment in the coming years. Buritirama is considering expanding production of low-grade manganese at its facilities in Pará.
The Buritirama mining company, one of the largest in the Pará region, is preparing for yet another expansion plan in the national mining market. Over the next five years, it will invest more than R$ 1 billion in investments in expansion of its infrastructure and production. The company's main objective with this project is to expand the productivity of its mining plant located in Marabá, in the state of Pará, by up to 300 thousand tons/year.
Buritirama's expansion investment project will place the company in the spotlight of the Brazilian mining market in the coming years
The mining company Buritirama recently announced that it plans to invest BRL 1 billion in expansion over the next five years. The company, which operates in the extraction of manganese, plans to increase its production capacity by up to 300 tons/year at its plant in Marabá, Pará.
According to Buritirama, part of the investment will be destined to the modernization of existing installations, with the aim of increasing operational efficiency.
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In addition, the company intends to acquire new equipment and technologies to optimize the production process.
The main objective of the mining company is to apply the billionaire investment in expanding its production capacity.
In addition, the expansion of the mining company should generate new jobs in the region where the company operates. Currently, Buritirama has a strong presence in the employability of residents of the Pará region in the mining market.
According to the company, “The objective is to improve, even more, the productive efficiency and the metallic recovery of the ore, besides guaranteeing the viability and maintenance of initiatives linked to the ESG concept (Environmental, Social and Governance, in the translation)”.
In addition to Pará, the mining company also intends to take the billionaire investment to its projects in Bahia, Minas Gerais, Rondônia and Amazon.
"These are deposits with medium-sized reserves, but which have the capacity to significantly expand the company's production in the coming years", commented João Araújo, chairman of the board of directors of Buritirama.
Buritirama follows the initiative of most other companies in the sector and invests in expanding production capacity in Brazil
Buritirama's investment project reflects the company's confidence in the manganese market and the potential of the region where it operates, with the high potential for use in Pará.
Buritirama's expansion should also bring benefits to the local economy. The company pays royalties and taxes on manganese extraction, reverted to investments in infrastructure and public services for the population.
With the announcement of the investment, Buritirama joins other mining companies that are expanding their operations in Brazil, driven by the high demand for products such as manganese and iron ore. The expectation is that the sector will continue to grow in the coming years, boosting the economy the country.
Finally, the mining company reinforced its commitment to the verticalization of the company in the coming years, with strong applications being prepared for the future.
The investment plans of the mining company Buritirama may take the company to an even higher level in the production of minerals in Brazil.
