Braskem Requested the National Mining Agency (ANM) to Cease Activities at the Salt Mine in Maceió
Braskem, active in the petrochemical and chemical sector, presented to the National Mining Agency (ANM) the plan for closing the salt mine, including filling some additional salt wells with solid material in Maceió, in the state of Alagoas. Implementing these measures would require around R$ 3 billion in costs and expenses.
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In the documents submitted to the Securities and Exchange Commission (CVM), the company noted that it was already taking steps to fill four salt wells with solid materials, a process that would take three years, requiring the suspension of routine operations and monitoring of other salt wells.
Braskem emphasized that these actions are defined based on recommendations from independent bodies and nationally and internationally renowned experts, and were shared with the ANM.
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The petrochemical company stated, “To implement the measures defined by the ANM in the Official Letter and considering the preliminary information available so far, without any clarifications yet from the ANM, the company estimates an additional cost of approximately R$ 3 billion in costs and expenses, in addition to the amounts already provisioned.”
“The total amount to be incurred by the company may be materially different from the preliminary estimate based on various factors including, but not limited to, the results of monitoring and filling operations of the wells, potential determinations by the ANM in the future, unexpected technical difficulties or unforeseen costs or factors,” the company concluded in a statement.
Braskem operates three mines: the rock salt and soda lye mines, both suspended, and the PVC mine currently running with imported inputs. Since the CPRM report was released in May, there have been over 500 employees across the factory, of which about 300 work in the two that are suspended. Since then, the company has been importing salt to supply its PVC production unit in Maceió.

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