Brazil mining sector posts higher Q1 revenue, mining association Ibram says (updated)

ArcelorMittal SA

15/04/2026 18:48

Updates with further data

RIO DE JANEIRO, April 15 (Reuters) - Brazil's mining sector generated revenue of 77.9 billion reais  ($15.60 billion) in the first quarter, up 6% from a year earlier, Brazilian mining industry association Ibram said on Wednesday.

• Sector exports totaled 87.9 million metric tons in the quarter, up 0.9% year-on-year.

• Export revenue rose 21.5% to $11.4 billion.

• Iron ore exports reached 84.8 million tons, up 0.8%, valued at $6.2 billion, up 2.4%.

• Iron ore accounted for 48% of total sector revenue at 37.5 billion reais, down 3% from a year earlier.

• Ibram represents companies including Vale VALE3.SA, Gerdau GGBR4.SA, ArcelorMittal MT.LU and Mosaic MOS.N.

($1 = 4.9947 reais)

 (Reporting by Marta Nogueira; Writing by Isabel Teles; Editing by Emelia Sithole-Matarise)

 ((Isabel.Teles@thomsonreuters.com;))