According to the companies, 2.5 million metric tons (mt) of recycled material with a manganese content in the range of 26-35 percent is involved in the process, half of which consists of pieces with a typical iron content of 10-12 percent. range, 0.07 percent phosphorus and 8-10 percent silicon.
According to research, the assets include up to 5 million tons of underground waste, the companies added.
The mine operated from the 1950s to the 1990s. Over the past three years, the company has resumed operations, transporting materials by truck over a distance of 200 km to the public port of Santana. The total cost is estimated at $70/ton for CFR China shipments.
USD = 5.20 BRL (March 4)
