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22 Jan
11:09

Brazil suspends Chinese iron ore project licensing

The Brazilian 3rd Federal Court of Montes Claros in Minas Gerais State has issued a preliminary decision suspending the licensing procedures for the Sul Americana de Metais (SAM) iron ore project, Kallanish notes. SAM is a subsidiary of China’s Honbridge Holdings. The Projeto Bloco 8 includes the building of iron mine located in Grão Mogol and Padre Carvalho with a treatment plant, water dam, two tailings dams, among other structures. The project als…
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