Amazon made news in Brazil todayGo to
www.google.ca
and type
minas gerais cerrado verde potassio
you will find MANY official and news pages regarding today's announcement. It seems to be a major news for Minas Gerais state.
Google translate give you a decent translation. Below a good sample (machine translation - "Green Fertilizer" is the translation of Verde Fertilizer, our new name). Some of these pages talk about 105M tons... they will be glad to realize that they have much more than that.
I was already thinking that we got today good news.... now I am convinced that these are great major news.
GLTA
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The governor signed Antonio Anastasia, on Wednesday (04/06) in Tiradentes Palace protocol of intent with Green Fertilizer for the feasibility of the project Savannah Green - Potash Mine. The unit will be installed in the Alto Paranaiba, with startup scheduled for the second half of 2013. Will be invested R $ 280 million in the project, with the creation of 286 direct jobs and 1,330 indirect jobs. At the beginning of the operation, the unit will have a production capacity of 1.1 million tons / year.
"This important project will allow Minas give a very positive step for self-sufficiency in production of fertilizers, helping to meet demand in Brazil. Consequently, reduce the price of agricultural production, feeding the best Brazilian and also allowing our food exports will increase, "said the governor.
The Savannah Green project is a mining project and heat treatment of glauconite (rock verdigris) termopotássio for production, new fertilizer to be placed in the Brazilian market to replace imports of potassium chloride, the raw material used in the production of agricultural input.
Reduction of imports
In addition to generating jobs in the state, the venture will add value for a mineral commodity. Minas Gerais will benefit from the reduction in 16% of import of potassium, equivalent to about 3% for the country. This may represent, in the beginning of operation, annual savings close to $ 100 million in remittances abroad.
Brazil currently imports more than 90% of this nutrient is vital to the agribusiness sector, particularly for soybeans, corn, coffee and sugar cane. The main markets suppliers are Russia and Canada.
The president of Amazon Mining Holding, parent of Green Fertilizers, Cristiano Veloso said the project will contribute to the reduction of imports, contributing to the development of the economy of Minas Gerais.
"Of all the mining projects underway in Brazil, this is certainly the most important for three reasons: aggregation means maximum value possible for a mineral commodity. It is an opportunity for Brazil, headed by Mines, to solve this problem of dependence on imports of potassium for agribusiness. Bring major impacts to the economic and social development in the state, "said Cristiano Veloso.
According to the executive, the company will quadruple production capacity depending on the acceptance of termopotássio the Brazilian market. The production could reach 4.4 million tons / year.
"Over the next 12 months we will invest in geological exploration and technological approximately $ 30 million. The goal is, until the third quarter, we could announce the discovery and confirmation of the largest deposits of potash in the world to open, "he said.
Government Support
The Government of Mines will provide support to the project with funding lines through the Development Bank of Minas Gerais (BDMG). Furthermore, the Government has initiated the study to invest in the venture through the Development Company (Codemig), with participation of Agricultural Research Company (Epamig) as promoter of termopotássio.
The vice president of operations for Green Fertilizers, Maurício Sampaio stressed the importance of partnership with the State Government to implement the project in Minas Gerais.
"With the support of the government of Minas'm sure we will expedite our goal of reducing the import of fertilizers," said
Nitrogen Fertilizer Unit
During the ceremony, the governor Antonio Anastasia noted that the region of Triangulo Mineiro and Alto Paranaiba is becoming an important pole of fertilizers in the country. Last month, the Government of Mines signed a protocol of intentions between Petrobras and Cemig to implement the gas pipeline connecting Sao Paulo to Uberlandia and deployment in the city of an ammonia plant, the raw material for production of nitrogen-based fertilizers.
The expectation is that the unit and the pipeline will be completed in 2014. For the construction of the pipeline, the state will invest $ 750 million, with funds Cemig, parent of Gasmig. Petrobras will invest in the ammonia plant $ 1.3 billion from the forecast to generate 5,000 direct jobs during construction.
Besides developing the Triangulo Mineiro region, the deployment of ammonia plant in Uberaba reduce the country's dependence on import of raw material for manufacturing fertilizers, an important ingredient of agribusiness.
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