en.Wedoany.com Reported - The Brazilian Mining Association (Instituto Brasileiro de Mineração, Ibram) issued a statement on July 8, 2026, regarding Provisional Measure No. 1.345/2026, approved by the Brazilian Senate on the same day. The association assessed that this measure, by establishing special financing credit lines to support the construction of new mines, mineral processing, and the procurement of capital goods such as machinery and equipment, will effectively strengthen the mining value chain and consolidate the mining market.
In its official statement, the Brazilian Mining Association indicated that the provisional measure is highly aligned with Brazil's strategic direction to expand domestic production of critical strategic minerals and enhance the added value of local industries. The association emphasized that the measure "recognizes mining as a strategic industrial sector with high technological intensity."
The approved provisional measure is a key component of Brazil's "Sovereign Plan" (Plano Brasil Soberano). This plan aims to address challenges posed by increasing external trade barriers and rising uncertainty in international markets, providing financing support through the Brazilian Development Bank (BNDES) for industrial enterprises, including the mining sector, as well as agricultural and livestock exporters. Credit funds can be used to supplement working capital, purchase machinery and equipment, expand production capacity, and invest in technological innovation.
In addition to this provisional measure, the Brazilian Mining Association has publicly supported Bill No. 2.780/2025, currently under review in the Senate. This bill aims to establish a regulatory framework for key energy transition minerals such as copper, lithium, niobium, and rare earths, and includes measures such as tax incentives, incentive bonds, and a mining guarantee fund. The association believes that the combination of the provisional measure and the bill will transform established industry strategies into concrete tools for expanding mineral production and stimulating investment, helping Brazil secure a more advantageous position in the supply of raw materials needed for the global energy transition.
Representing the country's major mining companies, the Brazilian Mining Association's statement reflects the overall assessment of government policies by the Brazilian mining sector. As the global energy transition accelerates, Brazil's strategic position in the field of critical minerals is drawing increasing attention. After approval in the Senate, the provisional measure will be submitted to the President for signature and enactment. The Brazilian Mining Association stated that it will continue to promote relevant legislative processes to further consolidate Brazil's competitive position in the global mining market.
