Port authority PortosRio took another step toward implementing a new terminal dedicated to solid mineral bulk cargo in the Port of itaguaí: the leasing of ITG-02. This area will have the capacity to handle 20 million tonnes per year after an estimated investment of nearly BRL 3 billion in the first years of the contract. On March 23, 2023, Brazil’s waterway agency Antaq announced it authorized a public hearing for the process, the first necessary regulatory step. The future terminal, which will occupy an area of 348,937m, will play an important role in developing Brazilian foreign trade, as it will involve the creation of the infrastructure necessary to transport ores extracted in other regions and consolidate the Port of Itaguaí as one of the country’s leading export platforms for commodities, in addition to generating economic and social benefits for at least 25 years, after which the contract can be renewed.
Source: Datamar News