Ministry of Mines and Energy Ordinance No. 128

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On Abril 7th, 2017, the Minister of Mines and Energy, Fernando Coelho Filho, put into effect Ordinance No. 128, aiming to attract new investments for the mining sector.

The referenced Ordinance points to the dissolution of the National Reserve of Copper and Associated Products – RENCA. This proposed measure has already been presented to the Presidency of the Republic of Brazil. It would allow access to the mining potencial in the region. To this end, the Ordinance addresses the steps for exonerating the area that is the subjecy matter of any requests or applications that have already been presented and those which are still awaiting a decision.

Click here to see the full text of the Ordinance.

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