Minas Norte
In this district, there is the largest iron ore project in the licensing phase of MG (28 Mtpy), showing the potential of large deposits, with hundreds of millions of tons.
Iron Ore
Minas Gerais
16,727 Acres
Highlights
Apollo owns 7 mineral rights located in the municipalities of Fruta de Leite, Grão Mogol, Riacho dos Machados, Rio Pardo de Minas, Serranópolis de Minas in the known iron mining district called “Nova Aurora” in the north region of the state of Minas Gerais in Brazil.
Although several iron ore deposits are known, there is no significant production in the region, being a new frontier for iron mining.