Iron ore tenement portfolio is located in Brazil’s emerging iron ore region in the state of Bahia.
Cabral’s Sincorá Area covers 1,195km² and has significant high grade DSO hematite iron ore potential with very low contaminants.
The Brumado Complex hosts magnetite iron ore potential which is currently afforded less exploration priority than the Sincorá Area.
Cabral is fortunate to have dual infrastructure solutions for the export of future iron ore products to the international market:
The existing, operating FCA rail line and Port of Aratu; and/or
The FIOL rail line currently under construction, and proposed Porto Sul where Cabral has a signed Protocol of Intentions for up to 15mtpa of its future iron ore products.
Cabral has a first class Chinese contact network with the ability to source top tier Chinese partners, legally binding offtake arrangements, legally binding project funding and the full suite of infrastructure solutions for the accelerated development of Cabral’s portfolio.
50% equity interest in unique JV company, CRMSC (Australia) Pty Limited, with large China state owned enterprise, China Railway Materials Commercial Corporation (“CRM”).
Cabral to aggressively pursue its objective of becoming an iron ore producer by 2016.