Health, fiscal, environmental and political crises have not prevented Brazil from attracting private capital to expand infrastructure, according to the sector's minister, Tarcísio de Freitas.Conc
Brazil’s Bahia Mineracao starts production at iron ore mine – CEO
Brazilian miner Bahia Mineracao, a subsidiary of Kazakhstan’s Eurasian Resources Group, started production at a mine in northeastern Brazil with expected 2021 output of 1 million tonnes of iron ore, its chief executive said on Tuesday.
Bahia Mineracao plans to double output at the Pedra de Ferro mine in Bahia state to 2 million tonnes of iron ore by next year, CEO Eduardo Ledsham said in an interview.
The mine shipped its first cargo of ore in January, with first-quarter sales only to the domestic market, Ledsham said. Foreign shipments are expected to begin in April, he said.
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RIO DE JANEIRO, Feb 2 (Reuters) - Brazilian miner Bahia Mineracao, a subsidiary of Kazakhstan’s Eurasian Resources Group, started production at a mine in northeastern Brazil with expected 2021 output of 1 million tonnes of iron ore, its chief executive said on Tuesday.
Bahia Mineracao plans to double output at the Pedra de Ferro mine in Bahia state to 2 million tonnes of iron ore by next year, CEO Eduardo Ledsham said in an interview.
The mine shipped its first cargo of ore in January, with first-quarter sales only to the domestic market, Ledsham said. Foreign shipments are expected to begin in April, he said.