The Brumado Complex
The Brumado Complex

The Brumado Complex

  • Iron ore tenement portfolio is located in Brazil’s emerging iron ore region in the state of Bahia.
  • Full Government funding for construction of a new FIOL Rail Line has already commenced and is designed to pass directly through Cabral’s tenement portfolio.
  • Rail section from the new port, Porto Sul, north of Ilhéus past the Cabral tenements location to Caetité is being constructed and expected to be operational by 2016. The new port 25kms north of Ilhéus is also expected to be completed by 2016.
  • Porto Sul will be a new dedicated, open access deep water port to be built north of Ilhéus in the State of Bahia. Common user areas are expected to be funded by the State Government of Bahia with mining companies likely to be granted the right to build own private berths through one on one negotiation.
  • Potential for tonnages of high quality, medium to coarse grained magnetite iron ore within the existing Cabral tenement portfolio.
  • DSO hematite potential identified within Cabral’s tenement portfolio and also on at least one other regional target area.
  • Cabral has an existing, high quality Chinese contact network which provides 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. In addition, Cabral also has a 50% equity interest in unique joint venture company, CRMSC (Australia) Pty Limited, with large China state owned enterprise, China Railway Materials Commercial Corporation.
Tenement-Portfolio---October-2014 The Brumado Complex