RIO DE JANEIRO, BRAZIL - In 2021, the number of authorizations for mining company operations exploded in Brazil. The mining activity has gained strength in recent years, along with growing revenues. The sector accumulated revenues of R$209 billion (US$38 billion) in 2020. In 2021, the revenue rose to R$339 billion.
Rising production also means more taxes collected — a growth of more than 63% in the last two years.
Professor Daniel Neri from . . .