“Creating one of the world’s largest magnetite concentrate mines”
Colomi Iron (“Colomi”) is a private company that owns 100% of the world class Colomi iron ore project in Bahia State, Brazil.
With vast high quality iron ore resources, Brazil is the world’s second largest exporter of iron ore. Its mining friendly jurisdiction provides security of tenure, a well skilled workforce and established mining services.
Colomi has a JORC Mineral Resource of 5 billion tonnes across two areas: Colomi South and Colomi North. The company has completed geological, metallurgical and engineering studies including a NI43-101 Preliminary Economic Assessment.