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Location: 31 km S from Caetité, Brazil
Avenida Professor Magalhães Neto, 1,752, 15th floor, PitubaSalvadorBrazil
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A large fully integrated mining and logistics project: high quality iron ore mine, deep-water port and transcontinental railwayCommercial operations at mine commenced in Jan 2021 and by the year-end BAMIN has produced more than 1 mtpa of iron ore.The target capacity is 26 mtpa, with an expected life of 25+ years.High-quality products: direct shipping ore (DSO) and direct reduction pellet feed (DRPF).The mine will use a dry-stack tailings storage facility. As at 2023, Eurasian Resources is awaiting regulatory approval to develop a dry-stack TSF system for Pedra de Ferro mine, along with a supporting waste processing and filtering plant.Stretch of the FIOL railroad: FIOL railroad (between Caetité and Ilhéus) will be 537 km in length. Following the project’s route it will cross 20 municipalities and should handle up to 60 million tons per year – with 60% of this capacity to be made available to other mining companies.
