Judge: We have a better predictable ecosystem for mining

Brazil today has a "better predictable ecosystem" for the work of the mining sector, said Edilson Vitorelli, judge of the TRF6 (Federal Regional Court of the 6th Region) during CNN Talks: New Era of Mining, held this Tuesday (30), in São Paulo, bringing together authorities, experts and leaders from the sector.

Quoting an American jurist, Vitorelli emphasized that "even in simpler times, security and predictability are always desirable values."

Still, asked about the slowness and bureaucracy surrounding processes in the country, Vitorelli stated that the problem is "more due to a lack of legislation than judicialization".

In his assessment, the problem revolves more around "inadequate, poorly designed projects than excessive judicialization".

"We live in an increasingly complex world, and having legal standards that allow activities to be developed and then applied in a consistent manner is a challenge for both the Legislature and the Judiciary", said the judge.

Even though "absurd decisions" may occur, Vitorelli pointed out that it is easy to appeal in these cases.

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