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Brazil opens public consultation for US$350mn kaolin project

Bnamericas Published: Tuesday, April 13, 2021

Brazil’s investment partnerships office (PPI) launched a public consultation for the offering of mining rights to a kaolin deposit in the northern state of Pará. 

Located in the Rio Capim river area, the project’s capex will be 2bn reais (US$350mn) for the mining operation, processing and transportation, PPI said in a statement. 

The public consultation process will run until May 14 and includes a public hearing on April 28.

PPI plans to publish the tender notice in July and hold the auction in October.

The project comprises a deposit of soft and sandy kaolin in an area of 10,000ha. 

The area is divided into two blocks, with basic infrastructure already available as the deposit is close to another kaolin project already under operation. 

In the northern block there is an estimated 574Mt of kaolin, while in the southern block the estimation is 218Mt. Considering a 65% recovery rate, total resources are equivalent to 520Mt, according to PPI.

The project is included in a portfolio of assets belonging to the country's research and mineral resources company (CPRM), which will be offered to the private sector for development. 

As part of this process, the government plans to hold auctions on June 10 for mining rights to the Miriri phosphate project and the Cobre de Bom Jardim de Goiás copper deposit.

In December, PPI recommended that three other projects be added to the list of assets that will be offered to the private sector: Gipsita do Rio Cupari (gypsum) and Calcário de Aveiro (limestone) in Pará state, and Diamante de Santo Inácio (diamond) in Bahia state.

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