Mining is part of our past,
present and future
Energy Transition minerals  

Sector numbers

Brazil’s principal

state, with
of national output.
Biggest producer

of gold, zinc, and phosphate.

Brazil’s sole

lithium-producing state.

Minas Gerais produces:

of Brazil’s iron ore output;
of ores in general;
of national niobium production.


Minas Gerais is Brazil’s second-foremost producer of cast products in steel, iron, aluminium, bronze, and tin, with installed capacity of

2 million tons per year.

With some 400 companies, the state accounts for almost

30% of national output,

primarily in the midwest region (Divinópolis, Cláudio, and Itaúna), with a Casting LPA (Local Productive Arrangement) covering 120 companies.
Key Companies

Specialized R&D Centres:

Marcelino Corradi Technological Casting Centre (SENAI/CETEF), in Itaúna 

Qualified workforce


Critical energy transition minerals

Mining processes with the Brazilian Mining Agency (ANM)

Lithium Valley Brazil

45 sizeable lithium deposits
R$5.5 billion invested to date in the region
Projections of ~ R$ 30 billion to 2030


Lithium Valley Brazil is a socioeconomic program  
based on the lithium production chain.  
The Minas Gerais Government is working towards:

Infrastructure improvements
Workforce qualification
Enhancement of environmental processes
Funding and support for businesses
Incentives for value addition to products
Political engagement and communication
Rare Earth Elements (REEs)
Brazil holds a potential volume of 21 million tons of REEs.
The global rare-earth metals market was assessed at
US$10.6 billion in 2021, with an expected top-out of  
US$21.7 billion by 2031

Source: Transparency Market Research, 2022  

LED Bulbs
Electric Vehicles
X-Ray Devices  
Wind Turbines
Steel Alloys
Solar Panels
Digital Screens
REEs are considered Critical Minerals

Rare Earth Elements in Minas Gerais

Minas Gerais accounts for the vast majority of ongoing research, thanks to the pioneering nature of companies such as
Meteoric Resources (R$1.18 billion)
Terra Brasil (R$2.5 billion in new investments)
Market opportunity
Brazilian consumption:
10 million TONS/YEAR
50% imported
Considered Critical Minerals

60% of reserves are located in Morocco and China

Phosphate in Minas Gerais

MG is Brazil’s biggest producer (+40%)
67%+ of known reserves in Brazil are situated in Minas Gerais;
Primary regions: Tapira, Serra do Salitre, Patos de Minas, Patrocínio, Araxá;
830 mining rights areas covering 1,100,000 hectares
Key players in Minas Gerais:
Potassium (re-mining)
Market opportunity
Brazilian consumption:
10 million TONS/YEAR
95% imported
Considered Critical Minerals

60% of global reserves are in Canada, Belarus, and Russia.

Potassium in Minas Gerais

An alternative to supplement Nitrogen, Phosphate, and Potassium (NPK), capable of increasing the efficiency of these sources when combined
Estimated volume: 856 million tons;
Primary regions: São Gotardo, Matutina, Carmo do Paranaíba, Tiros;
Dam-free extraction
142 mining rights areas covering 146,000 hectares
Key players in Minas Gerais:
Bloomberg: Demand may attain 230,000 by 2030.
Cobalt substitute
Stainless Steel
Steel Industry
Considered Critical Minerals

Manganese in Minas Gerais

Potential volume of more than 181 million tons in Minas Gerais, according to the website 
Key challenges:
The need for a chemical manganese beneficiation facility.
Market opportunity:
Brazil accounts for 22% (74 million tons) of the world’s known reserves, second only to Turkey;  
China is responsible for 65% (850kt) of global output;
US$23 Bi in 2022 to US$ 46 Bi in 2033
 1.3Mt (2022) to 7Mt (2033)
Automotive Industry
Electrodes for Electric Arc Furnaces (EAF)
Considered Critical Minerals

Graphite in Minas Gerais

90% of Brazilian reserves are in MG
90 mining rights landowners
65+ municipalities
400+ mining rights areas, covering an area of more than 450,000 hectares 
Talk to a specialist

Henrique Tavares
Maior Soares

(31) 971753478
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