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The Essar group has bagged a mineral concession
in Amapa, North Brazil, which will cater to its
proposed steel plant in Trinidad and Tobago in the
South Caribbean.
When contacted, P R Dhariwal, chief executive
officer (CEO) for the project said that the group
would go ahead for a full scale mining license
based on the results of the exploration. The survey
would take 6-8 months and as part of the concession,
Essar would be able to conduct exploratory mining
for iron ore, manganese ore, chrome ore or any
other available mineral.
The area, that Essar has earmarked for exploration,
measures 7,851.69 hectares and is one of the larger
deposits. The mining concession was granted by
DNPM (Departmento Nacional de Producao Mineral),
government of Brazil, in response to Essar’s
application. The area is 150 km from the Santana
Public Port in Macapa, on the banks of the Amazon
river and very close to Essar’s proposed
steel plant in Trinidad and Tobago. |