Brazil Could Multiply Exports to EU 22-Fold with Greener Steel and Aluminum, Says BCG

By investing in the decarbonization of its mining industry, Brazil could attract between 10 and 15 billion euros in investments and multiply its exports to the European Union by 20 to 22 times, according to a study by consulting firm BCG (Boston Consulting Group) presented in Paris on Monday (June 2).

Analyzing Brazil’s natural reserves and the country’s growing availability of renewable energy, the research argues that Brazil is well-positioned to expand its market share by meeting the demands of major European industries—such as the automotive sector—that have already set targets to source raw materials with lower greenhouse gas emissions.

Source: Um Só Planeta

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