In 2023, the production value of the non-ferrous metal ores mining sector in Brazil stood at approximately 17 billion Brazilian Reals. From 2024 to 2028, we observe a steady year-on-year growth: 4.2% in 2025, 3.9% in 2026, 3.7% in 2027, and 3.5% in 2028. Over the period from 2024 to 2028, the compound annual growth rate (CAGR) is expected to average 3.8%.

Future trends to watch for in Brazil's non-ferrous metal ores mining sector include:

Technological advancements in mining processes that may enhance productivity.
Environmental regulations and sustainability practices impacting operational costs and market demand.
Global economic conditions and trade policies influencing exports and commodity prices.