Renewable sources used in Brazil are three times higher than worldwide

In Brazil, renewable energy sources reached a 46.1% demand for participation in the Energy Matrix, an increase of 0.6% over 2018, according to the MME. The Brazilian indicator represents three times the world indicator. Total energy demand reached 294 million toe, showing a growth of 1.4% over 2018, above the GDP rate (1.1%), and accounting for 2% of world energy.

Source: Ambiente Brasil

Brazil’s mining industry revenues grow 9% in Q2

The Brazilian mining sector’s revenues reached R$ 39.2 billion ($ 7.8 bn) in the second quarter, up 9% compared to the first three months of the year, pointed out the Brazilian Mining Institute (Ibram). Brazil’s iron ore producers, including Vale, accounted for 59.3% of the country’s total mining sector revenues in the second quarter, with R$23.3 billion ($ 4.7 bn).

Source: Money Times