Mining and Development Program Launched by Government to Attract Investments and Stimulate Brazil's Recovery

Mining and Development Program Launched by Government to Attract Investments and Stimulate Brazil’s Recovery

Written by Flavia Marinho

Published on 29/09/2020 at 11:11

Updated on 29/09/2020 at 11:13

Programa Mineração e Desenvolvimento lançado pelo Governo apresenta mais de 100 metas, com objetivo de definir as diretrizes para o setor mineral do Brasil

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Mining and Development Program Launched by the Government Presents More Than 100 Goals, Aiming to Define Guidelines for Brazil’s Mineral Sector

Yesterday (09/28), the federal government launched the Mining and Development program, which will address the sector in new areas, including indigenous issues. The document brings together the plan for goals and actions for the period from 2020 to 2023.Vale Begins Testing the First 100% Electric Locomotive in Brazilian Mining

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The initiative, which has been developed since last year with representatives from the sector, includes over one hundred goals in ten areas of concentration in mining for the period of 2020 to 2023.

The Minister of Mines and Energy, Bento Albuquerque, who was also present at the program launch ceremony alongside President Jair Bolsonaro, stated that Brazil is a mineral powerhouse and that mining can be the great driver of the country’s economic recovery. “Mining is one of the great forces of the Brazilian economy, an important vector of progress and synonymous with its development for the promotion of everyone’s well-being,” he said.

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Mining Sector in Brazil

Only in July of this year, Brazil extracted 88 types of minerals from its subsoil, reflecting the broad and diverse mineral wealth the country possesses.

Iron ore, in the last eight months, ranked second in Brazil’s total exports, with US$ 14.2 billion. The Brazilian Mining Institute estimates that investments in new projects in the sector will reach US$ 37 billion by 2024.

About the Program

The Mining and Development Program features over 100 goals, divided into ten areas of thematic concentration, and aims to define guidelines for Brazil’s mineral sector. The areas of concentration that make up the program are:

Qualifying Economic Knowledge About the Mineral Sector;
Socio-Economic-Environmental Commitment in Mining;
Expanding Geological Knowledge;
Advancement of Mining in New Areas;
Investment in the Mineral Sector;
Selectivity of Actions for the Sector;
Governance in Mining;
Management and Efficiency;

To access the document with the main information about the Program, just click here.

Mining and Development Program Launched by Government to Attract Investments and Stimulate Brazil’s Recovery

Mining and Development Program Launched by the Government Presents More Than 100 Goals, Aiming to Define Guidelines for Brazil’s Mineral Sector

Read Also

Mining Sector in Brazil

About the Program

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Mining and Development Program Launched by Government to Attract Investments and Stimulate Brazil’s Recovery

Mining and Development Program Launched by the Government Presents More Than 100 Goals, Aiming to Define Guidelines for Brazil’s Mineral Sector

Read Also

Mining Sector in Brazil

About the Program

Diagnostic test

Billions of barrels on the equatorial margin could lead Amapá to double its oil production in Brazil — the state wants to enter the route of companies in the Campos Basin, attract investments, and boost jobs and businesses in the oil and gas sector.

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Tire road? Thousands of shredded tires were secretly placed under a ramp in California, preventing a one-year delay in a project on weak soil and supporting a 26-foot-high structure in a corridor connected to I-880.

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