{"id":1206933,"date":"2020-09-11T09:23:37","date_gmt":"2020-09-11T14:23:37","guid":{"rendered":"https:\/\/www.mining.com\/?p=1034934"},"modified":"2020-09-11T09:23:37","modified_gmt":"2020-09-11T14:23:37","slug":"no-fear-over-brazil-meeting-iron-ore-export-demand-secretary","status":"publish","type":"post","link":"https:\/\/juniorminingnews.com\/?p=1206933","title":{"rendered":"No fear over Brazil meeting iron ore export demand \u2013 secretary"},"content":{"rendered":"

Brazilian officials say there is no room for fear when it comes to the country’s capacity to keep up with Chinese demand for iron ore.<\/p>\n

Iron ore prices hit six-and-a-half year highs last week<\/a> as the Chinese construction and manufacturing sector experiences levels of activity last seen almost a decade ago. In the past three months China\u2019s iron ore imports have climbed 20 per cent year on year, while year-to-date they are up 11 per cent compared to 2019.<\/p>\n

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“We believe there is no room for fear regarding Brazilian iron ore exports”<\/p>\n

Brazilian Secretary of Geology, Mining and Mineral Transformation, Alexandre Vidigal<\/cite><\/p><\/blockquote>\n<\/figure>\n

“We are seeing a recovery scenario that is already quite favorable for the Brazilian market,” Brazilian Secretary of Geology, Mining and Mineral Transformation, Alexandre Vidigal, told MINING.COM.<\/p>\n

In Q2 2020, Brazilian mining companies reached a production value of R$39 billion<\/a> ($7.5 billion), an increase of 9% over Q1. <\/p>\n

Brazil\u2019s iron ore exports \u2013 which represent 59% of the country\u2019s mineral production \u2013 totaled $5 billion in Q2, 6% higher than Q1 2020, but 5% lower than in Q2 2019. The country exported 76 million tonnes, 8% above the total registered in Q1 2020, but 3% lower than Q2 2019.<\/p>\n

Brazilian mining giant Vale has been returning to its pre-pandemic level operations as exports have hit 33.4 million tonnes in July, up nearly 60% from May.<\/p>\n

“These are facts that signal a tendency for the sector to recover, reinforcing our understanding that the mineral industry may play a prominent role in the country’s economic recovery,” said Vidigal.<\/p>\n

Industry group IBRAM<\/a> projects that the country will export 310 million tonnes in 2020, lower than the 340 million tonnes exported in 2019.<\/p>\n

“In 2020, besides the pandemic, intense rains at the beginning of the year and operational adjustments of mining companies to meet resolutions involving dams<\/a> hit the production,” said Cinthia de Paiva Rodrigues, research and development manager at IBRAM.<\/p>\n","protected":false},"excerpt":{"rendered":"

IBRAM projects that the country will export 310 million tonnes in 2020.<\/p>\n","protected":false},"author":110,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-gradient":""}},"footnotes":""},"categories":[2849,369,4,2640],"tags":[],"_links":{"self":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1206933"}],"collection":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/users\/110"}],"replies":[{"embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=1206933"}],"version-history":[{"count":1,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1206933\/revisions"}],"predecessor-version":[{"id":1206934,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=\/wp\/v2\/posts\/1206933\/revisions\/1206934"}],"wp:attachment":[{"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=1206933"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=1206933"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/juniorminingnews.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=1206933"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}