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Semagro Projects R$ 5 Billion Investments From Mining Companies by 2024 in the Mining Sector in Mato Grosso do Sul

Written by Ruth Rodrigues
Published on 08/08/2022 at 15:57
O estado do Mato Grosso do Sul vem se tornando cada vez mais relevante no setor da mineração brasileira e a Semagro está prevendo investimentos em torno de R$ 5 bilhões aplicados por novas e já existentes mineradoras da região até 2024.
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The State of Mato Grosso do Sul Is Becoming Increasingly Relevant in the Brazilian Mining Sector and Semagro Is Projecting Investments of Around R$ 5 Billion Applied by New and Existing Miners in the Region Until 2024.

For this Monday, (05/08), 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 projecting R$ 5 billion in investments in the area by the year 2024. The main driver of these numbers will be the new ventures of miners focused on minerals such as iron and manganese in the area.

The State of Mato Grosso do Sul Could Receive Up to R$ 5 Billion in Investments by the Year 2024 in Mining, with Strong Growth of Miners 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 Semagro’s data projects that the segment will receive a total of R$ 5 billion in investments in the installation, expansion and improvement of mineral ventures. The region is becoming a target for large miners and could significantly expand the numbers in a short period. 

The main mining reserves in the state are located in the regions of Corumbá, Ladário, Miranda, Bodoquena, Bonito and Porto Murtinho, and Semagro expects large miners to make substantial investments in projects aimed at the exploration of important minerals for the sector.

Among them, the major highlights are aggregates, iron, manganese, copper, limestone, phosphates, ornamental rocks, mineral water and remineralizers, which are gaining traction in the sustainable agribusiness segment as substitutes for common fertilizers.

Thus, the Executive Secretary of MS Mineral, Eduardo Pereira, emphasizes that Semagro’s projections align with the state government’s investment plan for mining: “In the State, these companies could inject US$ 1 billion from 2022 to 2024. One of them, the former Centro Oeste Complex of Vale, which produced an average of 2.7 million tons/year, now controlled by Fundo J&F, could increase the extraction of this mineral to 3.5 million in the first year to meet the growing national and international demand.”

Investments in Mineral Sector Ventures in the State of Mato Grosso do Sul Will Focus Mainly on Iron Ore

Semagro’s projections for the billion-dollar investments to be applied in the state of Mato Grosso do Sul agree with the data from the National Mining Agency (ANM) for the region’s ventures.

This is because the ANM confirmed a total of emissions by July of 72 research requests and 21 research permits, while by May there were 10 licensing requests in the state, demonstrating the search for projects by mining companies in the region.

Moreover, data from geologist Luís Antônio Vessani, director of Ibram and CEO of Edem Mineração, state that the majority of the investments, or 54%, refer to contributions that are still planned, while 46% of the total amount refers to projects already underway in the region. 

Finally, Semagro highlights iron ore as the main focus for miners in the coming years, as the region of the municipalities of Corumbá and Ladário has the largest high-grade iron reserve. Thus, investments of around US$ 450 million are estimated for the development of projects focused solely on this mineral over the next 2 years.

Ruth Rodrigues

Formada em Ciências Biológicas pela Universidade do Estado do Rio Grande do Norte (UERN), atua como redatora e divulgadora científica.

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