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Brazilian mineral exports are expected to increase by 2.
5% to 410 million tonnes in 2018 compared to last year as investment in the industry grows
, the Brazilian Minerals Association (Ibram) said.
In 2018, Brazil's mineral exports will increase by 2.
5% year-on-year to 410 million tons
In an email to Reuters, Ibra said mineral exports were expected to increase to $30 billion by value from $28.
37 billion
last year.
According to data from major mining companies, including Vale, iron ore exports were stable in the first six months of the year, copper exports rose 4% and gold exports rose 40%
year-on-year.
IBRAM raised its investment forecast for 2018-2022 to $19.
5 billion from $18 billion in 2017-2021.
Ibra said investment forecasts should rise
further over the next five years as Brazil reforms mining regulations to attract investment.
,
Brazilian mineral exports are expected to increase by 2.
5% to 410 million tonnes in 2018 compared to last year as investment in the industry grows
, the Brazilian Minerals Association (Ibram) said.
In 2018, Brazil's mineral exports will increase by 2.
5% year-on-year to 410 million tons
5% year-on-year to 410 million tons
In an email to Reuters, Ibra said mineral exports were expected to increase to $30 billion by value from $28.
37 billion
last year.
According to data from major mining companies, including Vale, iron ore exports were stable in the first six months of the year, copper exports rose 4% and gold exports rose 40%
year-on-year.
IBRAM raised its investment forecast for 2018-2022 to $19.
5 billion from $18 billion in 2017-2021.
Ibra said investment forecasts should rise
further over the next five years as Brazil reforms mining regulations to attract investment.
,