Tombador Iron Limited (ASX:TI1)
Tombador Iron Limited (ASX:TI1) owns 100% of the world-class Tombador iron ore project in Bahia State, Brazil.
Brazil is the world’s second largest exporter of iron ore. Its mining-friendly jurisdiction provides security of tenure, a skilled workforce and established mining services.
Tombador plans to develop a low capital cost, simple, open-cut mining operation. Strong customer interest exists in Tombador’s high iron, low impurity lump and fines products.