User:Rlsrc736/Brazil Iron

Brazil Iron is an English private company, whose Brazilian subsidiary is located in Piatã, Bahia. Its main business is the production and sale of iron ore, in addition to the research of manganese.

The company was founded after the acquisition of mining rights in the state of Bahia between 2011 and 2017. Brazil Iron has a total of 25 tenements in Brazil, with an area of 433 km².

History
Brazil Iron and its Brazilian subsidiary were founded to produce and sell iron ore goods such as lump, sinter feed and pellet feed. The company was formed after the acquisition of mining rights in Brazil between 2011 and 2017.

Operation
Brazil Iron currently has 3 tenements with a further 22 tenements currently being developed into exploration targets. The deposits contain more than 590 million tonnes of exploration targets of iron ore with geological potential for 2 billion tonnes, plus over 5 million tonnes of targets for manganese.

The company's operation is concentrated in the state of Bahia, with access to five highways, two railways (Ferrovia de Integração Oeste-Leste and Ferrovia Centro-Atlântica) and two ports (Porto de Aratu and Porto Sul, currently under construction) for outflow and foreign trade.

Brazil Iron is currently drilling the Mocó tenement, which has a capacity of 2 mtpa, already supplied trial shipments to Spain, Netherlands and China. Over 90% of the areas of geological potential are unexplored.

The company has already invested over US$ 100 million in its Brazilian operation and plans to invest other US$ 200 million until 2023.