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Mota-Engil’s Meticulous Move: Brazil’s Bounty Beckons
Mota-Engil is evaluating the acquisition of Brazil’s Bamin iron ore project. The asset includes the Pedra de Ferro mine, targeting 26 million metric tons yearly. Critical infrastructure comprises the FIOL railway & Porto Sul port. The Portuguese firm seeks a strategic partnership to co-finance development. A deal could close in the second quarter.
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