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02 Oct
14:12

Brazil’s Bahia Mineração secures infrastructure financing support

Brazil’s Bahia Mineração (Bamin) says it has signed a letter of intent with Brazilian banks Banco Nacional de Desenvolvimento Econômico e Social (BNDES) and Banco do Nordeste for the financing of the Ferrovia Oeste-Leste (Fiol) railway. The logistics project is part of the Kazakhstan’s Eurasian Resources Group (ERG)-controlled company’s Pedra de Ferro iron ore mining investment, Kallanish notes. “Bamin’s Fiol logis…
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