1、Dear Reader,Global Business Reports(GBR)is thrilled to present the 2023 edition of our Brazil Mining report.Brazil stands at the precipice of a transformative moment for the countrys mining industry,with US$50 billion in total capex projected for the sector in the 2023-2027 period.It is demon-strati

2、ve of the global enthusiasm for mining in the country,which benefits from a stable govern-ment,strong services sector,and,most importantly,extremely diverse mineral wealth.Brazil is the worlds largest producer of niobium and second largest producer of iron ore,magnesite,tantalum,and natural graphite

3、,while ranking fourth for bauxite and fifth for lithium.Global Business Reports conducted over 90 interviews with industry leaders in Brazil to gain a holistic understanding of the current trends and challenges defining the Brazilian mining industry today.As mining projects spring up across the coun

4、try,they are taking a new and cutting-edge approach to sustainable operations.Brazils environmental legislation is among the strictest in the world,and after the Brumadinho and Mariana disasters and resultant regu-lations banning tailings dams,the Brazilian mining industry has become a leader in env

5、iron-mentally-friendly mining.With a wealth in renewable energy sources and growing solar and wind sectors,Brazil has the potential for true,net-zero mining.Recognizing the opportunity to become a leader in supplying the critical minerals that con-tribute to the global energy transition,the Brazilia

6、n government has taken several steps to increase production,including increasing public and private financing for mineral research and project support,while loosening licensing requirements for strategic minerals projects.In 2022,the Brazilian government released the National Fertilizer Plan to redu