Mining sector in Brazil

Brazil’s mining sector offers enormous opportunities for capital goods suppliers and suppliers of engineering, geological, financial and consulting services.

Market overview

Brazil is one of the world’s largest producers and exporters of ores. It is the 2nd largest producer of iron, aluminium and manganese ores as well as being the top producer of niobium.

The high content of the major Brazilian mines, good transportation infrastructure, technological upgrades, competitive production costs and managerial skills are the factors for competitive advantage which the mining industry in Brazil has against its international competitors.

  • industry accounts for about 27% of Brazil’s GDP

  • US$350bn will be invested in Brazil’s mining industry by 2030 the first US$64.8bn by 2015

  • Brazilian company VALE is the largest iron-ore exporter in the world as well as a producer of nickel, copper, fertilizer, steel and other materials

  • Brazil s mining sector employs directly over 160,000 workers

Key opportunities

The Brazilian mining market presents enormous opportunities for international capital goods suppliers, British engineering, geological, financial and consulting services (especially those offering corporate governance consulting), in addition to project management, exploration, drilling and extraction activities.

Like many other mature mining markets, the suppliers of Brazil’s mining industry are focusing on providing and all-encompassing end-to-end service to its customer base.

Brazil’s 2030 Mining Plan also provides possible opportunities for specialist firms able to deliver advanced processing plants to sustain planned downstream investments.

There are opportunities in:

  • health and safety consulting services

  • legal services

  • biodiversity and sustainable development

  • social corporate responsibility

  • equipment and technology, especially for the steel industry

  • training and education

  • logistics and infrastructure

Latest export opportunities in the Mining sector

Latest export opportunities in Brazil

Getting into the market

UK companies should consider identifying a local partner (representative / distributor) in the Brazil in order to serve the local customers with after sales support and technical assistance. When customer base is well established, then it is recommended to consider setting up locally in order to become more competitive in terms of costs.

More about doing business in Brazil

Contacts

Market intelligence is critical when doing business overseas, and UKTI can provide bespoke market research and support during overseas visits though our chargeable Overseas Market Introduction Service (OMIS).

To commission research or for general advice about the market, get in touch with our specialists in country – or contact your local international trade team.

  • Erika Azevedo, Sector Manager – British Consulate – General; Tel: +55 11 3094 2748; Email: erika.azevedo@fco.gov.uk

  • Julie Yang, Assistant Sector Manager – British Consulate – General; Tel: +55 11 3094 2759; Email: julie.yang@fco.gov.uk

UKTI Events

UKTI runs a range of events for exporters, including seminars in the UK, trade missions to overseas markets and support for attendance at overseas trade shows.

Latest events in Mining sector

Major Events

Expobombas (International Trade Show for Pumping, Moto-pumping and Accessories)

01-03 October 2013

www.cipanet.com.br/feiras/expobombas

Sul Metal e Mineração (Mining and Metal Mechanics Industry National Fair)

06-09 May 2014

www.criciumafeiras.com.br

Metalurgia 2014 (International Conference and Trade Show on Foundry, Casting, Steel and Aluminium Technology and Services)

16 – 19 September 2014

www.feirametalurgia.com.br

Expobombas (International Trade Show for Pumping, Moto-pumping and Accessories)

06-10 October 2014

www.cipanet.com.br/feiras/expobombas

Useful links

More about OMIS and other UKTI services for exporters

Sectors: Mining & Quarrying
Countries: Brazil
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