Ordinance No. 354/2020. The Mining and Development Program

Country / jurisdiction: Brazil · Year: 2020 · Status: In force · Level: National · Type: Voluntary

In 2020, the Brazilian Minister of Energy and Mining issued Ordinance No. 354 to approve the Mining and Development Program. It aims to generate income and wealth from mineral resources to foster the country's sustainable development.

The Program has the following relevant goals:

Produce economic knowledge about the mining sector through the collection of data. This information will be used to monitor and evaluate mining public policy;

Increase social and environmental mining responsibility. The program seeks for actions to achieve social, environmental, and economic sustainability, such as increasing mining waste management and reuse; promoting a circular economy; reducing greenhouse gas emissions; encouraging cooperatives in mining activity;

Expand geological knowledge;

Expand mining in new areas or minerals, and promote the regulation of mining in indigenous land;

Promote the adoption of financing mechanisms for research and mineral production activities;

Attract investment;

Define a policy for strategic interest minerals aiming to improve geology research, regulation, and technological development and apply them in the production chains of metals and minerals, such as niobium, nickel, cobalt, copper, sulfur, graphite, lithium, silicon, tantalum, rare earth, titanium, tungsten, uranium, vanadium;

Adding value to mineral goods produced in the country; and

Adopt the best practices of integrity, ethics, and transparency in the mineral sector.

Official source: https://anmlegis.datalegis.inf.br/action/TematicaAction.php?acao=abrirVinculos&cotematica=12861988&cod_menu=6783&cod_modulo=405