Brazil’s mining industry exports grew by 9.5% in 2023 – Ibram
Brazil’s mining industry exports grew 9.5% in 2023 from the previous year to 392 million tonnes, according to data released on Wednesday by industry group Ibram.
Ibram, which represents companies operating in Brazil such as Vale, Gerdau, ArcelorMittal and Mosaic, said iron ore accounted for more than 70% of total exports.
Investments expected for the period between this year and 2028 should reach $64.5 billion, an increase of 28.8% compared to the forecast for the 2023-2027 period.
Most of that, 26.8%, should be invested in iron ore, with socio-environmental investments representing 16.6% of that figure and logistics accounting for 16.1%, according to Ibram data.
(By Marta Nogueira and Peter Frontini, Editing by Angus MacSwan)
More News
Resouro boosts titanium resource by 37% at Tiros project in Brazil
Total resources are now 1,400 Mt1 at 12% TiO₂ and 4,000 ppm TREO, the company said.
April 09, 2025 | 04:37 pm
Prime Minister Mark Carney vows to speed permits, make Canada energy superpower
The Liberal Party leader said at a campaign stop in Calgary that his government would create a Major Federal Project Office with a “one project, one review” mandate.
April 09, 2025 | 03:34 pm
Peru mining chamber sees copper output up 2-4% this year
That would put Peru's copper production between 2.79 million and 2.85 million metric tons.
April 09, 2025 | 02:53 pm
{{ commodity.name }}
{{ post.title }}
{{ post.excerpt }}
{{ post.date }}
Comments