Lukas Kallas and Eduardo Couto represent Cedro at Fronteiras da Mineração

Lucas Kallas, chairman of the board of Cedro Participações, the parent company of Cedro Mineração, and Eduardo Couto, the company's legal and institutional director, were two of the panelists at Brazil Journal's Frontiers of Mining event, held on August 20 in São Paulo.

Kallas took part in a debate on the reasons why Brazilian mining has lost ground in the global market over the last two decades. He said that in Brazil there is still a simplistic and mistaken view of what mining is; he spoke about the company's investments, in a scenario in which the industry prioritizes sustainability, invests in social projects and innovative technologies; and mentioned the production of pellet feed, a high quality, low silica iron ore, which allows the steel industry to reduce CO2 emissions by up to 50%.

Couto, for his part, took part in the panel on decarbonization and energy transition in the mining and steel chain, a process estimated at almost US$1 trillion globally. 

According to the executive, the sector is looking forward to the regulation of incentivized debentures to speed up the energy transition process. 

"The Ministry of Finance recently published a decree that expressly included the transformation of strategic minerals for the energy transition, such as steel. And this decree also established the possibility of financing mining and mine development activities, including the processing stages, which will allow us to produce pellet feed," said Couto.   

The panels can be watched here and here.