On December 18, the ITG02 area of the Brazilian Port of Itaguaí is to be auctioned, with the winner to build a new ore terminal on the 348,937 m² site. The company winning the auction is expected to invest more than R$3.5 billion in the future project, which will have the capacity to handle around 20 million tonnes a year.
Once operational, the Port of Itaguaí will become Brazil’s undisputed leading iron ore exporting hub.
According to Francisco Martins, president of PortosRio, “The ITG-02 area will be crucial for expanding Rio de Janeiro's port infrastructure and guaranteeing the flow of ore production from Minas Gerais.”
The project is to follow strict eco-efficiency standards, with measures for the rational use of natural resources and control of particulate emissions. Among the various components will be the correct storage of the ore, the use of environmental control equipment, and constant monitoring to minimise environmental impact.