Brazil Mining Rights Up for Bid

An auction will be held on Dec. 7 for the assignment of mining rights in areas with phosphate, kaolin, and copper, according to Bloomberg, citing a statement by Brazil’s Mines and Energy Minister.

Project Miriri (phosphate) is listed as having 115 million mt of phosphate ore and an average content of 4.19% P2O5, according to Brazil’s Geological Service, while Rio Capim has 800 million mt of kaolin and Bom Jardim has about 4.5 million mt of copper.