05
Jun
08:33
Brazil`s SAM delays Projeto Bloco 8 project
Brazil's Sul Americana de Metais (SAM) has decided to postpone its Projeto Bloco 8 iron ore project to 2025 due to the difficulties in securing environmental licensing and the impact of Covid-19, Kallanish notes. SAM is a subsidiary of China’s Honbridge Holdings.
Although the iron ore project was postponed, Honbridge still remained confident and interested in the project, SAM`s relationships and environment director Gizelle Gizelle Andrade Toc…
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Very good overview of the weekly steel market.
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