{"id":381102,"date":"2025-01-14T15:40:47","date_gmt":"2025-01-14T18:40:47","guid":{"rendered":"https:\/\/anba.com.br\/?p=381102"},"modified":"2025-01-14T15:40:49","modified_gmt":"2025-01-14T18:40:49","slug":"saudi-mining-company-to-open-office-in-sao-paulo","status":"publish","type":"post","link":"https:\/\/anba.com.br\/en\/saudi-mining-company-to-open-office-in-sao-paulo\/","title":{"rendered":"Saudi mining company to open office in S\u00e3o Paulo"},"content":{"rendered":"\n

S\u00e3o Paulo \u2013 Saudi mining company Ma\u2019aden will open an office in S\u00e3o Paulo and is expected to invest up to USD 1.3 billion in Brazil, according to information released on Tuesday (14) by Brazil\u2019s Mines and Energy <\/a>Minister Alexandre Silveira. The announcement was made by the minister during the opening of the Future Mineral Forum, an event taking place from Tuesday through Thursday (16) in Saudi capital Riyadh. At the forum, Silveira participated in the mining ministers\u2019 roundtable discussion.<\/p>\n\n\n\n

\u201cMa\u2019aden will establish an office in S\u00e3o Paulo for the first time. This opens up the prospect of significant resources\u2014 they mentioned an investment of around BRL 8 billion [USD 1.3 billion] \u2014for geological mapping in Brazil. We know we lack sufficient knowledge about our own subsoil for research and partnerships with the Brazilian mining sector, so we can achieve the sustainable and appropriate use of Brazil\u2019s subsoil, as there can be no energy transition without mining,\u201d said Silveira after the forum\u2019s opening, according to information from the Ministry. The Ministry\u2019s press office told ANBA the office is expected to open in March.<\/p>\n\n\n\n

Silveira has been visiting Gulf countries since the weekend. He visited the United Arab Emirates, where he signed a memorandum of understanding for mining research and development in partnership with the UAE Ministry of Investments. He also participated in the General Assembly of the International Renewable Energy Agency (IRENA), an institution to which Brazil resumed its membership process after it was interrupted by the previous administration.<\/p>\n\n\n\n

In Saudi Arabia, he visited facilities of oil company Saudi Aramco and petrochemical company Sabic. Representatives from both companies were in Brazil in 2024. He also met with local authorities, such as the Saudi Minister of Industry and Mineral Resources, Bandar Ibrahim Alkhorayef.<\/p>\n\n\n\n

Lula and Saudi prince talk<\/strong><\/h2>\n\n\n\n

On Monday afternoon (13), the president of Brazil, Luiz In\u00e1cio Lula da Silva, spoke with the crown prince and prime minister of Saudi Arabia, Mohammed bin Salman Al Saud. Lula invited the prince to visit Brazil this year during a conversation in which they also discussed diversifying the trade flow between the two countries to include higher-value-added items. Saudi Arabia is Brazil\u2019s top trading partner among Arab countries, but exports are still concentrated on commodities.<\/p>\n\n\n\n

According to information from the president\u2019s office, Lula said relations between the two countries are at an \u201cexcellent moment\u201d and that the Brazil-Saudi Coordination Council, created in November 2024, will strengthen dialogue between the two nations. He also thanked Saudi Arabia for joining the Global Alliance Against Hunger and Poverty spearheaded by Brazil. During this conversation, Lula mentioned he had received a \u201cpositive report\u201d of potential bilateral cooperation from Minister Alexandre Silveira himself. Last week, the Brazilian president had a phone conversation with the emir of Qatar, Tamim bin Hamad Al Thani.<\/p>\n\n\n\n

Read more:
<\/em>Brazil, UAE sign MoU to collaborate on mining<\/a><\/p>\n\n\n\n

Translated by Guilherme Miranda<\/strong><\/p>\n

Supplied\/Brazil Mines and Energy Ministry<\/div>","protected":false},"excerpt":{"rendered":"

According to Brazil\u2019s Mines and Energy Minister Alexandre Silveira, mining company Ma\u2019aden plans an estimated USD 1.3 billion in Brazil. President Lula invites the Saudi prince to visit the country.<\/p>\n","protected":false},"author":2316,"featured_media":381096,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[107],"tags":[9534,18437,36210,52163,52162,12290,3033,10080,9595],"class_list":{"0":"post-381102","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-business-opportunities","8":"tag-brazil-en","9":"tag-investments-en","10":"tag-lula-en-2","11":"tag-maaden-2","12":"tag-ministry-of-mines-and-energy-of-brazil","13":"tag-mohammed-bin-salman-en","14":"tag-research","15":"tag-sao-paulo-en","16":"tag-saudi-arabia-en"},"wps_subtitle":"According to Brazil\u2019s Mines and Energy Minister Alexandre Silveira, mining company Ma\u2019aden plans an estimated USD 1.3 billion in Brazil. President Lula invites the Saudi prince to visit the country.","_links":{"self":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/381102","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/users\/2316"}],"replies":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/comments?post=381102"}],"version-history":[{"count":0,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/posts\/381102\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media\/381096"}],"wp:attachment":[{"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/media?parent=381102"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/categories?post=381102"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/anba.com.br\/en\/wp-json\/wp\/v2\/tags?post=381102"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}