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[BUSINESS] · Brazil · 21 sources

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Brazil's critical minerals study projects R$192 bn GDP boost by 2050

A study released by Amcham Brazil, prepared by researchers from the Federal Universities of Minas Gerais (UFMG) and Juiz de Fora (UFJF) with support from the U.S. Chamber of Commerce, compares two development paths for the country’s critical‑minerals and rare‑earths chain.

In the domestic‑capital‑only scenario, the sector would add R$ 128.7 billion to GDP and generate about 304 000 jobs by 2050. The foreign‑investment scenario, which assumes greater foreign capital and expanded domestic processing, projects an impact of R$ 192.1 billion on GDP and 750 000 new jobs. The difference – the “adensamento” effect – adds R$ 63.4 billion to GDP, R$ 32.3 billion to household consumption, R$ 16.1 billion to investment and 446 000 jobs.

The largest regional gains would occur in the mining states Pará (16 % of the total impact), Bahia (10.3 %) and Goiás (10 %). Industrial states such as Santa Catarina, São Paulo and Paraná would also benefit from increased domestic processing. The study highlights Brazil’s large reserves of critical minerals and the potential to become a global leader in the sector.

Entities

Abrão Neto · Amcham Brazil · Brazil · Federal University of Juiz de Fora (UFJF) · Federal University of Minas Gerais (UFMG) · Universidade Federal de Juiz de Fora (UFJF) · Universidade Federal de Minas Gerais (UFMG)

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11 days ago