The Brazilian mineral sector organized itself to participate heavily in PDAC (Prospectors & Developers Association of Canada), the largest mining event in the world, an occasion that could unlock billions in investments for projects in the country.
Known in the sector as the “Disney of mining”, the event takes place at a time considered opportune for Brazil, marked by the increase in demand for critical minerals and the reorganization of the global chains of these minerals.
the country seeks to take advantage of the window to attract foreign capital.
The Brazilian delegation is coordinated by ADIMB (Agency for the Development and Innovation of the Brazilian Mineral Sector) and brings together 33 mining companies – with projects ranging from iron ore to rare earths -, as well as representatives from the public sector.
The group brings together traditional giants – such as Vale – to companies that are still off the radar of those who do not follow the sector closely, such as Meteoric Resources, owner of a rare earths project in Minas Gerais considered one of the most promising in the world.
Present in the batteries used in cell phones, computers and electric vehicles, lithium should also be at the center of the agenda. Large reserves of the mineral are found in Brazil, especially in Minas Gerais.
The group also includes companies such as PLS (Pilbara Minerals) and Lithium Ionic, both with promising projects in the country.
The objective is to attract investments, expand partnerships and reinforce Brazil’s image as a reliable supplier of strategic minerals. The mission includes presenting projects considered promising and eligible for financing to international investors.
The initiative takes place in a context in which the , especially in the initial phases of research and exploration, marked by high geological risk, high costs and long-term returns.
The segment is marked by the presence of smaller companies, such as the so-called junior mining companiescommon in rare earth projects and other critical minerals and which depend heavily on external financing to advance the development stages.
The event takes place between March 1st and 4th, in Toronto.
The Brazilian mission will also feature the Brazil Pavilion, a 90 m² area reserved for business meetings and institutional coordination between companies, investors and governments.
The space will have its own programming focused on presenting Brazilian mineral potential, investment opportunities and recent improvements in the business environment.
The highlight of the agenda should take place on March 3rd, with the Brazilian Mining Day, the main event of the Brazilian delegation within the PDAC.
The seminar will bring together authorities, executives and investors to discuss perspectives on the Brazilian mineral sector, focusing on regulatory governance, environmental licensing, critical minerals, precious metals and geological knowledge.
The program includes presentations of mineral exploration projects at different stages of development, especially from junior companies, as well as rounds of interaction with investors.
Canada and mining
The Toronto Stock Exchange currently brings together around 43% of the mining companies listed on the world’s stock exchange, according to data from the Canadian market, concentrating a relevant portion of the global financing of the mineral sector.
The TSX Venture Exchange mainly houses junior companies in the initial stage of research and exploration, a phase marked by greater geological risk, intensive need for capital and long term investment maturation.
Publicly traded Canadian mining companies maintain a relevant presence in Brazil, with projects in different stages of development, ranging from mineral research to operations in the commercial phase.
*The reporter traveled at the invitation of ADIMB (Agency for the Development and Innovation of the Brazilian Mineral Sector)
