CBMM studies longer rail link to export niobium ore

The world’s leading niobium producer, Brazil’s CBMM, studies adopting a more extended rail link to curb transportation costs. The company already has a contract with MRS to ship ore from Belo Horizonte, Minas Gerais, to ports in Rio de Janeiro and São Paulo. But it still needs to have its output trucked from Araxá, located 317 kilometers west of the state capital. VLI confirmed the early-stage talks and said it has assets potentially useful to the desired route. But it would still require some investments, including for a loading terminal in Araxá.

Source: Valor Econômico