Brazil plans mining reform, tripling of iron ore output by 2030
Time 2011-02-10 Author Website Manager Browse
QQmessage 
Tel：0086-371-55611696
Tel：0086-371-55611696
Brazil's mining industry will receive at least $350 billion of investment by 2030 to expand production -- spending that will more than triple output of iron ore, copper, nickel, alumina and other metals, the government said Tuesday.
Iron ore output will jump 58% by 2015 to 585 million mt, before rising to 795 million mt in 2022 and then to about 1.1 billion mt by 2030, the ministry said in its National Mining Plan 2030.
The release of the report comes as the government moves ahead with plans to rewrite the country's 1968 mining code. The rewrite is aimed at increasing state control and revenue from commodities as world demand and prices rise. Brazil is already a world leader iron ore, bauxite, manganese and alumina production and a top producer of copper and nickel.
The government also seeks to promote greater processing of ores into higher-value final products such as steel to increase industrial employment, tax revenue and social development, Brazil's Energy and Mines Minister Edison Lobao said at an event to release the report.
"It's the people that have the right to benefit from these resources, which are often exported without benefits for the country," Lobao said.
Legal changes to be proposed by Brazil's government include changes to an exploration concession system that allows companies to get rights to explore an area for 30 years without requiring the company to produce.
The new legislation, if passed, will give mining companies five-year concessions with minimum exploration requirements renewable for longer periods if efforts are made to put the area into production.
Existing concessions and will not be changed, thought the government intends to review all mining agreements to make sure their terms are being adhered to, and will seek compensation or seek to annul those deals that are not being honored by their holders, ministry officials said last year.
Brazil also plans to create a national mining council to guide national policy. Much of the planned legislation is similar to Brazilian oil legislation passed over the last decade and a half. That legislation, revised last year to boost state control of offshore resources led to a boom in oil production and the transformation of Brazil from a major importer into a net exporter of petroleum products. Brazilian oil output may make it the world's third-largest producer after Russia and Saudi Arabia by 2020, according to current world production levels and estimates from the government and state-led oil company, Petrobras.
Brazil is the world's third-largest producer of iron ore and the largest exporter of the main steelmaking ingredient. If iron content of ore is considered, it produces more iron than any other nation. It is also the world's second-largest producer of alumina, a refined form of bauxite used to make aluminum. The National Mining Plan outlines major expansion of output for several metals.
Copper output will more than double to 500,000 mt in 2015, from about 220,000 mt today, then reach 700,000 mt in 2022 and rise further to 1 million mt in 2030, the report said.
Nickel output will triple by 2022 to 80,000 mt, before rising to 132,000 mt in 2030, the ministry said. Raw steel output will double to 77.9 million mt in 2022, then hit 116 million mt in 2030, the report said.
Iron ore output will jump 58% by 2015 to 585 million mt, before rising to 795 million mt in 2022 and then to about 1.1 billion mt by 2030, the ministry said in its National Mining Plan 2030.
The release of the report comes as the government moves ahead with plans to rewrite the country's 1968 mining code. The rewrite is aimed at increasing state control and revenue from commodities as world demand and prices rise. Brazil is already a world leader iron ore, bauxite, manganese and alumina production and a top producer of copper and nickel.
The government also seeks to promote greater processing of ores into higher-value final products such as steel to increase industrial employment, tax revenue and social development, Brazil's Energy and Mines Minister Edison Lobao said at an event to release the report.
"It's the people that have the right to benefit from these resources, which are often exported without benefits for the country," Lobao said.
Legal changes to be proposed by Brazil's government include changes to an exploration concession system that allows companies to get rights to explore an area for 30 years without requiring the company to produce.
The new legislation, if passed, will give mining companies five-year concessions with minimum exploration requirements renewable for longer periods if efforts are made to put the area into production.
Existing concessions and will not be changed, thought the government intends to review all mining agreements to make sure their terms are being adhered to, and will seek compensation or seek to annul those deals that are not being honored by their holders, ministry officials said last year.
Brazil also plans to create a national mining council to guide national policy. Much of the planned legislation is similar to Brazilian oil legislation passed over the last decade and a half. That legislation, revised last year to boost state control of offshore resources led to a boom in oil production and the transformation of Brazil from a major importer into a net exporter of petroleum products. Brazilian oil output may make it the world's third-largest producer after Russia and Saudi Arabia by 2020, according to current world production levels and estimates from the government and state-led oil company, Petrobras.
Brazil is the world's third-largest producer of iron ore and the largest exporter of the main steelmaking ingredient. If iron content of ore is considered, it produces more iron than any other nation. It is also the world's second-largest producer of alumina, a refined form of bauxite used to make aluminum. The National Mining Plan outlines major expansion of output for several metals.
Copper output will more than double to 500,000 mt in 2015, from about 220,000 mt today, then reach 700,000 mt in 2022 and rise further to 1 million mt in 2030, the report said.
Nickel output will triple by 2022 to 80,000 mt, before rising to 132,000 mt in 2030, the ministry said. Raw steel output will double to 77.9 million mt in 2022, then hit 116 million mt in 2030, the report said.
Down page:South Africa: Mines to Stay Private
- Introduction of gold trommel machine
- Mill balls and water influence the effic
- Fault handling of jaw crusher
- process of Stone Aggregates produced by
- How to maintain ball mill with the lubri
- China mining machinery need technology i
- How to choose jaw crusher--let me help y
- Domestic Mining Machinery Trends brief a
- The future development trends and prospe
- The development of ball miller feeding
- Songling advise for the purchase skills
- Mining mechanization hot ascension of Mi
- The property of Flotation Machine
- The Most Important Factor in the Process
- Obvious advantages of ball mill
- Environmental Protection Idea must be st
- The Benefits of central bank cutting int
- Stone production industry promote the c
- The future of the drying equipment in Ch
- Rock Crusher Maintenance
