Brazil’s mineral production falls 9% in first half, says Ibram

The drop in revenue was mainly due to iron ore,  which fell 36% to R$68.3 billion in the year's first half.

Brazilian mineral production fell 9% to 441 million tons in the first half of this year compared with the same period in 2021, according to data released Wednesday by the Brazilian Mining Institute (Ibram).

The sector's revenues fell 24% to R$113.2 (US$21) billion between January and June.

Looking only at the second quarter, there was a 1% recovery compared to the year's first three months.

The drop in revenue was mainly due to iron ore,  which fell 36% to R$68.3 billion in the year's first half.

Reuters . . .

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