Bahia stands out for its diversity of mineral assets, says expert

Amanda Santos Silva, from the Directorate for Promotion of Economic Development of Bahia, highlighted the diversity of mineral assets found in the state and the sector's potential to boost investments and regional development.

The statement was made during CNN Talks: New Era of Mining, held this Tuesday (30), in São Paulo, bringing together authorities, experts and leaders from the sector.

According to the expert, Bahia competes with Minas Gerais and Pará. But the state's difference is, precisely, the heterogeneity of minerals. "The state is the only producer of uranium and vanadium in Latin America," said Silva.

"In addition, Bahia offers tax incentives through the Secretariat of Economic Development, which promotes the sector in the region", he stated.

CNN Talks: New Era of Mining brings together authorities, businesspeople, experts and representatives of the mineral sector to discuss the paths of Brazilian mining in a new phase of global competition for critical minerals, energy transition and supply chain security.

The meeting takes place at a time when Brazil is trying to transform its geological advantage into economic, industrial and diplomatic protagonism, with debates on financing, environmental licensing, innovation, sustainability, traceability, added value and greater participation of the country in the most noble stages of the mineral chain.

Critical minerals could increase the country's GDP by R$243 billion by 2050

Source: CNN