Brazil today and tomorrowJoyce, L. E. Elliott (Lilian Elwyn Elliott)
History
Brazil today and tomorrow
Joyce, L. E. Elliott (Lilian Elwyn Elliott)
Brazil; Brazil -- Economic conditions
If half that geologists have said of Brazil is true, this country is
destined to become one of the greatest mining regions of the Americas;
it has an extraordinary variety of minerals, but their location in the
interior where little transportation exists, added to the restraining
influences of archaic mining laws, has checked enterprise. Before the
European War began plans were well under way for development of
important iron mines in Minas Geraes by an English company, but work is
in abeyance at present. There has been, however, a marked increase in
exports of high-grade manganese, chiefly from Minas, chiefly shipped
away in the newly operating line of freight steamers owned by the United
States Steel Corporation, which bring manufactured products to Brazil.
Out of the total of more than three hundred thousand tons of this ore
exported from Brazil in 1915, over two hundred and sixty-six thousand
tons were sent to the United States, the price paid being over two and a
half million dollars; Great Britain also took ten thousand tons, but
Germany and Belgium, former customers for this ore, were eliminated from
the lists.
During 1916 production, mainly from Minas deposits, rose to over five
hundred thousand tons, again increasing to five hundred and thirty-three
thousand tons in 1917; after this time depression was experienced, due
in great measure to lessened demands from the United States using
home-produced low-grade ores for steel hardening. Post-war prospects of
development of the great Itabira iron deposits suggest iron and steel
industries within Brazil.
Large manganese deposits also occur in the neighbourhood of Nazareth, on
the mainland side of the Bahia de Todos os Santos (Bahia State),
situated conveniently for shipment; its export was reduced to
practically nothing from this point during 1914 and 1915, probably for
the same reason that shipments of another famous Brazilian mineral,
monazite sand, vanished about the same time from Bahian lists. This
reason was the imposition of strangulating export taxes, amounting to
about twenty-two per cent of the value of the mineral. Manganese
deposits are known to exist, in addition to the beds in Bahia and Minas,
in Matto Grosso, Santa Catharina, Paraná and Amazonas; the total
quantity available is estimated at one hundred million tons.
Public-domain text, read in full here on John Shaqi.
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