Brazil’s mining sector revenue jumps 25% in first quarter

Revenue from Brazil’s mining sector reached 68 billion reais ($13.3 billion) in the first quarter, up 25% from the same period last year, according to data released on Thursday by industry group Ibram.

The country’s mining exports between January and March grew 11.3% to 87.5 million metric tons year-over-year, Ibram said.

($1 = 5.1125 reais)

(By Marta Nogueira; Editing by Kylie Madry)