By Brazil Stock Guide – Brazil’s production of metallic minerals and graphite reached R$220.5 billion ($44.3 billion) in 2024, reinforcing the country’s role as one of the world’s leading exporters of mining commodities, according to data published by the National Mining Agency (ANM).
The figures were released on Monday (9) in the Brazilian Mineral Yearbook 2025, which compiles production data for 2024 and highlights the growing importance of minerals tied to the global energy transition, including graphite, lithium and nickel.
Metallic substances and graphite accounted for 82% of Brazil’s total mineral production value last year, with iron ore alone generating R$159 billion in added value, the report said. The yearbook is based on Annual Mining Reports filed by mining companies, which include detailed operational disclosures for the period.
“The Brazilian mining industry must be understood through data, not perceptions. The Yearbook is a public instrument in service of that debate,” said Mauro Sousa, director-general of the ANM.
The report also underscored Brazil’s export strength. In 2024, the segment posted a trade surplus of $42 billion, supported by exports of $59.9 billion and imports of $17.9 billion. China remained Brazil’s top export destination and also its largest supplier of metallic mineral products.
“The Brazilian Mineral Yearbook translates raw data into strategic information. It allows us to understand not only mining’s economic performance, but also its structural role in regional development, the energy transition and Brazil’s international integration,” said Inara Oliveira Barbosa, superintendent of Mineral Economics at the ANM.
Brazil currently has more than 270 operating mines producing the substances covered in the report, including 109 iron ore mines. The sector also generated R$7 billion in revenue for the government through CFEM royalties, a key mining compensation mechanism.
To support exploration and production, the ANM granted about 4,800 exploration authorizations, 56 mining concessions, and 141 artisanal mining permits during the year, according to the yearbook.
No publicly traded companies were cited in the original ANM release, and no tickers were provided.