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Brazil’s mining sector posted lukewarm outcomes at first of 2022. Each manufacturing and gross sales had been down considerably in Q1 in contrast with one yr prior, due partly to upkeep on a variety of operation items throughout the nation, the results of sturdy rains within the state of Minas Gerais, and a pointy lower in Chinese language imports.
Rising prices, ongoing Covid lockdowns in China, and financial uncertainty in Europe proceed to solid a cloud over the mining sector’s prospects.
However there might be one brilliant spot on the horizon: rising world demand for the minerals used to make electrical…
Entry all of The Brazilian Report
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