Mineral production in Brazil generated revenues of R$ 70 billion in this first quarter of 2021. Thousands of jobs were created with the growth in numbers

Even with all the problems caused by the pandemic, Brazil had a mineral production 15% higher in the first quarter of 2021 compared to the same period last year. The numbers show the huge importance of Brazilian ore in the recovery of the country's economy, generating thousands of new jobs.

• International mining companies want to invest in Brazil and make the country a reference in mineral exploration
• Petrobras concludes renewable diesel tests
• The Mining and Development Program is launched by the Government to attract investments and stimulate the recovery of Brazil
• The mining sector gains momentum from the Federal Government in a new industrialization project published in the DOU
• Pampa Sul Thermoelectric Plant is authorized to start its commercial generation

O Brazilian Mining Institute (IBRAM)), a body linked to the Ministry of Mines and Energy, informs that the growth in tons was 15%, compared to the same quarter of 2020. The sector received twice as much taxes, generating around 11 direct jobs, 6% more compared to last year. The country managed to almost double its revenues compared to last year, due to several factors. These being the exchange variation, increase in the price of the international Mineiro, in addition to other reasons.

The negotiation/exploration of the ore in Brazil generated revenues of $ 70 billion in this quarter. In 2020, the sector had a turnover of BRL 36 billion in the first quarter. This value is 95% higher compared to last year.

Iron ore accounts for the largest share of revenues, corresponding to 70% of the value, gold has 11%, copper 5% and bauxite 2%. The secretary of Geology, Mining and Mineral Transformation, Alexandre Vidigal, highlighted that the numbers prove the commitment of mining companies and professionals with the economic development of the Brazil.

IBRAM also showed that the balance of trade in the mining sector was US$ 10,7 billion. The numbers were decisive for the Brazilian trade balance to have a positive balance in this first quarter. Click here and access more detailed billing information.