News

12/01/24

Raul Jungmann believes in increasing the partnership between the two countries.

“I believe that the next years of the relationship between Brazil and China will be intense and with great opportunities, due to the fact that Brazil presides over the Brics economic bloc, the G20, in Rio de Janeiro, and the United Nations Conference on Climate Change ( COP30), in Belém”.

The statement was made by the director-president of the Brazilian Mining Institute (IBRAM), Raul Jungmann, when participating this Wednesday (10) in the Brazil China Meeting. The event takes place in the Chinese city of Shenzhen and continues until January 13th. Brics is an international mechanism for economic cooperation and development formed by Brazil, Russia, India, China and South Africa. The G20 is a bloc formed by the largest economies in the world. Rio de Janeiro will host its meeting in November 2024.

In his presentation, the president of IBRAM displayed numbers that highlight the transformative potential and socioeconomic progress that the mineral industry provides to society. “In 2022, we produced 1.4 billion tons of ores, exported US$41.7 billion and this represents 40% of the Brazilian surplus in exports. We had revenue of R$250 billion and currently maintain more than 201 thousand direct jobs and induce more than 2.2 million indirect jobs. We are, without a shadow of a doubt, one of the three main productive sectors in Brazil. With a long history with China”, he stated.

Raul Jungmann reported on the industry’s work in evolving towards an even more sustainable activity and providing inputs for the future of humanity with a better quality of life. “We have 91 mineral types produced in our country and many of them are fundamental for the transition to a low-carbon economy worldwide”, he pointed out.

Fund to stimulate mining – The president of IBRAM also announced that in partnership with the team from the National Bank for Economic and Social Development (BNDES), a fund will be launched in the first quarter of 2024 to finance the expansion of mineral research and the development of projects in the mining area, which is of interest to international investors. “Expanding mining paves the way for Brazil to advance and develop solutions aimed at combating the effects of climate change. We are looking for investors who want to work with us in this initial phase of the projects”, he said.

On this first day of the Brazil China Meeting, Kátia Abreu, former minister of Agriculture, Livestock and Supply, also participated. For her, this relationship between the two countries has shown a lot of resilience and maturity during these 50 years. “We are talking about investment, import and export. We need, with maturity, mainly aiming at Brazil’s interests, to continue this partnership looking for important synergies that can reflect on both sides”, he said.

Also speaking on this first day, Frederic Kachar, CEO of Editora Globo and Sistema Globo de Rádio, said that “Brazil and China promote a unique occasion of celebrations and business opportunities for both countries. During this event, we will debate how trade and investments can multiply in the coming years, without neglecting the commitment and opportunities with environmental issues”.

João Doria, co-chairman of LIDE, former governor of São Paulo and former mayor of the capital of São Paulo, highlighted the importance of debates for this relationship between the two countries on this first day with themes that involved agribusiness, renewable energy, automotive industry, mining, among others. “Relations between Brazil and China are at their best,” stated Doria.