The mining sector is projected to generate R$ 298,8 billion in revenue in 2025, a 10,3% increase, according to Ibram.
Gold and copper boost earnings, while iron ore declines for the year.
247 - The Brazilian mining sector ended 2025 with revenues of R$ 298,8 billion, a result that represents a growth of 10,3% compared to 2024. This performance reflects the appreciation of strategic metallic commodities throughout the year, especially gold and copper, in a context of high international prices.
Despite the expansion in total revenue, iron ore — the main product of national mining — showed a decline. The segment's revenue fell 2,2% in 2025, totaling R$ 157,2 billion, equivalent to 52,6% of the sector's aggregate result.
The positive highlight was gold, whose revenue increased by 64,8%, reaching R$ 39,3 billion. The significant appreciation of the metal in the international market was decisive for the result. In 2025, gold surpassed levels of US$ 4.000 per ounce, leading to an annual average 43,9% higher than that recorded in 2024. At the close of the year, the price reached US$ 4.289,48 per ounce, a 62,2% increase compared to the end of the previous year.
Copper also showed robust performance, with a 50,1% growth in revenue, which reached R$ 30,4 billion. The commodity maintained an upward trajectory throughout the year, with prices above US$ 12 per ton and an annual average 8,7% higher than that of 2024. On Monday (5), copper was quoted at US$ 12.504 per ton, a value 46% higher than that recorded at the close of December 31, 2024.
Conversely, iron ore experienced negative pressure on international prices. The average annual value of the commodity fell 6,6% compared to 2024, with the ton closing December 2025 quoted at US$ 107,19.
In terms of regional data, Minas Gerais led in revenue for the mining sector in 2025, accounting for 39,9% of the national total. Pará followed, with a 34,5% share, while Bahia was responsible for 4,5% of the sector's revenue.
The expansion of mining activity was also reflected in public revenue. In 2025, the sector accounted for R$ 103 billion in taxes, a 10% increase compared to the previous year. In the case of the Financial Compensation for the Exploitation of Mineral Resources (CFEM), revenue reached R$ 7,9 billion during the period.
The job market mirrored the positive performance. The mining sector registered 229.312 direct jobs, with the creation of 8.330 new positions between January and November 2025, according to data from the New Caged (Brazilian Ministry of Labor's employment database).
For the coming years, projections indicate continued investment. Between 2026 and 2030, projected investments in the sector total US$76,9 billion, a 12,5% increase compared to the previous cycle. In the critical minerals segment, estimated investments reach US$21,3 billion by 2030, a 15,2% increase.
