Project of the Salobo mine in Pará has an investment of R $1.1 billion and can generate jobs

In the last week, the mining company Vale approved R $1.1 billion for the expansion of the project of the Salobo III mine in Pará. The start of the operation will be in the year 2022, with the production of 50000 tonnes/year of copper in the first five years. Its total productivity will be 33000 tons throughout its lifetime.

The aim of the project is to expand the production of metal due to the high expectation of demand with the development of batteries for electric cars in the future. The first Salobo mine began its operation in 2012, produces about 200,000 tons annually, being the largest copper reserve in the country and has a share of 38.5% in the national gross domestic product (GDP).

The development of the project will generate profit for Brazil and still open vacancies for thousands of people to get jobs. Be sure to follow the Panorama Offshore and stay informed about everything that happens in the oil, gas, energy, gasoline, fuels, Petrobras, onshore and offshore. Remember: your business. Check out: www.panoramaoffshore.com.br and www.facebook.com/panoramaoffshore.

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