Brazil mining sector will quickly bounce back after COVID-19 disruption: Ibram

REUTERS | Brazil’s mining sector is likely to be the first to rebound from the economic shock of the coronavirus outbreak due to large iron ore capacity and already-growing demand from China, the president of industry association Ibram told Reuters.

Nonetheless, Flávio Penido said there could be a negative impact on Brazilian production if the government does not curb the outbreak’s spread.

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