24
Aug
08:16
Brazil’s Cosan forms mining JV, eyes iron ore
Brazilian energy group Cosan is entering the mining and logistics business through a joint venture with Aura Minerals, Kallanish learns from Cosan. The JV will own exploration rights for three mineral projects in Brazil’s State of Pará, with significant potential for iron ore reserves.
As part of this investment strategy, Cosan has agreed to acquire the Sao Luis port from China Communications Construction Company in a BRL 720 million ($133.7m) deal.
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Anonymous
Very good overview of the weekly steel market.
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