Vale proposes mining growth agenda, projects up to R$ 1.3 trillion in Brazil tax revenue through 2035

Vale published an Accenture-backed mining growth plan targeting Brazil’s sector through 2035, pitched as a policy roadmap for 2026 candidates.

• Projected fiscal take from mining is set at BRL 1.3 trillion for 2026-2035, versus BRL 750 billion collected over the past decade.
• Annual mineral output is modeled to rise to BRL 535 billion by 2035 from about BRL 300 billion currently, assuming coordinated reforms.
• Total employment impact is estimated at up to 5.3 million jobs by 2035, versus about 3 million now, including direct, indirect and induced roles.
• The report flags exploration constraints, citing only 28% of Brazil mapped at a suitable geological scale for investment decisions.