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The state of Mato Grosso do Sul is becoming increasingly relevant in the Brazilian mining sector and Semagro is forecasting investments of around R$ 5 billion applied by new and existing mining companies in the region until 2024.
For this Monday, (08/05), the projections for the future of the mining sector in the region of Mato Grosso do Sul are quite optimistic, since the Secretary of Production, Environment, Economic Development and Family Agriculture (Semagro ) is forecasting R$ 5 billion in investments in the area by the year 2024. The main driver of these numbers will be new developments in mining companies focusing on ores such as iron and manganese in the area.
State of Mato Grosso do Sul may receive up to R$ 5 billion in investments in mining by the year 2024, with strong growth of mining companies in the region
The next two years will be essential and decisive for the future of the mining sector in the state of Mato Grosso do Sul, as data from Semagro project that the segment will receive a total of R$ 5 billion in investments in installation, expansion and improvement of mineral enterprises. The region is becoming the target of large mining companies and can expand the numbers significantly in a short period.
The main reserves of the mining sector in the state are located in the regions of Corumbá, Ladário, Miranda, Bodoquena, Bonito and Porto Murtinho and Semagro expects that large mining companies make strong investments in projects aimed at the exploration of important ores for the sector.
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Among them, the main highlights are aggregates, iron, manganese, copper, limestone, phosphates, ornamental rocks, mineral water and remineralizers, which are heating up in the sustainable agribusiness segment as substitutes for common fertilizers.
Thus, the Executive Secretary of MS Mineral, Eduardo Pereira, points out that Semagro's projections are in line with the state government's investment plan for mining: "In the State, these companies can inject US$ 1 billion in the period from 2022 to 2024 One of them, Vale's former Centro Oeste Complex, which produced an average of 2,7 million tons/year, and now controlled by the J&F Fund, could increase the extraction of this mineral to 3,5 million in the first year, to meet the increase in national and international demand”.
Investments in undertakings in the mineral sector in the state of Mato Grosso do Sul will focus primarily on iron ore
Semagro's projections for the investments billionaires who will be invested in the state of Mato Grosso do Sul agree with data from the National Mining Agency (ANM) for undertakings in the region.
This is because the ANM confirmed a total of emissions up to the month of July of 72 research requests and 21 research permits, while up to the month of May there were 10 licensing applications in the state, proving the search by mining companies for projects in the region.
In addition, data from geologist Luís Antônio Vessani, director of Ibram and CEO of Edem Mineração, state that most of the investments, or 54%, refer to contributions that are still scheduled, while 46% of the amount refer to projects already running in the region.
Finally, Semagro highlights iron ore as the main highlight for mining companies in the coming years, as the region of the municipalities of Corumbá and Ladário has the largest reserves of high-grade iron. Thus, investments of around US$ 450 million are estimated for the development of projects aimed only at this ore over the next 2 years.
