Brazilian regulators discuss the use of mining rights as financing guarantees

Published: Sep 2, 2020 17:02

Source: SMM compilation

Save

SMM9: (ANM), the Brazilian mining agency, has launched a public consultation on the company's use of mining rights as a guarantee for financing, which has been open for 30 days. ANM said the purpose of such discussions was to provide alternatives for mining companies to expand their projects and to provide legal security to encourage credit in the industry.

ANM said it had opened up the topic for public discussion to bring certainty to investors and mitigate the impact of the outbreak on business. TomasdePaula pessoa, director of ANM, said mining is a risky business and large mining countries have many project financing instruments, such as credit lines, stock exchanges, venture capital, mobile contracts and other structured businesses. He said his task was to enact a decree aimed at enacting a mining bill that would give the company more resources to develop and finance projects.

Click to understand and sign up for the 2020 China Automotive New Materials Application Summit Forum.

Scan the QR code above to view the business cards of the participating companies and sign up online

Scan the code and apply to join the SMM Automotive Industry Exchange Group.

Brazil mining rights

Data Source Statement: Except for publicly available information, all other data are processed by SMM based on publicly available information, market communication, and relying on SMM‘s internal database model. They are for reference only and do not constitute decision-making recommendations.

For any inquiries or to learn more information, please contact: lemonzhao@smm.cn

For more information on how to access our research reports, please contact:service.en@smm.cn

Related News

17 hours ago

Shuangli Mining Launches Upgraded Iron Mine, Aiming for 870,000 MT Annual Iron Ore Output

Recently, Inner Mongolia Shuangli Mining Co., Ltd. (hereinafter referred to as "Shuangli Mining") held the completion and trial production ceremony for the upgrading and capacity expansion project of the mining and beneficiation system at the No. 2 Iron Mine in the Geqi mining area.Once the project reaches full production, it will produce 870,000 mt of iron ore concentrates, 9,580 mt of copper concentrates, 5,432 mt of lead concentrates, and 2,052 mt of zinc concentrates annually, injecting new momentum into Shuangli Mining's green and high-quality development.

17 hours ago

Mar 24, 2026 17:21

East China Special Steel's Ferromolybdenum Tender Price Fell, Procuring 120 mt

[Molybdenum-Iron Tender Information] SMM, March 24: It is reported that on March 23, a special steel group in east China announced the tender price for a new round of ferromolybdenum procurement, with the tax-inclusive plant-delivered acceptance-settled price at 277,500 yuan/mt, down 2,000 yuan/mt from the tender price on March 18. The public tender purchase volume was 120 mt (bid volume), while the actual total purchase volume remained to be determined.

Mar 24, 2026 17:21

Mar 18, 2026 16:56

[SMM Hot-Rolled Coil Daily Transactions] Spot Transactions Weakened Somewhat

[SMM Daily Hot-Rolled Coil Trading] On March 18, the total daily trading volume of hot-rolled coil among SMM sample enterprises in four cities (Shanghai, Lecong, Tianjin, and Ningbo) was 14,430 mt, down 640 mt day on day, or 4.2%, with up 14.43% YoY on a calendar basis and down 26.56% YoY on a lunar calendar basis.

Mar 18, 2026 16:56