According to the BNAmericas, Ibram predicts that from 2023 to 2027, the total investment of mining companies in Brazil will reach 50 billion US dollars, which is the highest since 2014-2018 Ibram released the forecast at a news conference on Tuesday. The investment in iron ore remains the major part, and that in other minerals including copper and nickel have seen growth.
Mixed Prospects for Brazil's Mining Industry Over Next Five Years
According to the BNAmericas, Ibram predicts that from 2023 to 2027, the total investment of mining companies in Brazil will reach 50 billion US dollars,
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