The increase in global demand for clean energy is accelerating investments in the exploration of reserves of so-called critical or strategic minerals in Brazil. Over the next five years in Brazil, companies are expected to invest approximately US$ 8 billion in key strategic minerals. In copper the expectation is that the resources will reach US$ 4.47 billion, while nickel is in second place, with investments of US$ 2.3 Billion forecast.
Source: Valor Read The Article
PSR Analysis: A significant part of the investment will take place in Construction and Mining Equipment such as Hydraulic Excavators, Heavy Duty Wheel loaders and Graders that helps to sustain and increase the growth in the segment in Brazil. PSR
Fabio Ferraresi is Director-Business Development South America for Power Systems Research
