 |  |  |  |
|---|
MOPI is a mining company located at Morro do Pilar, a city in central Brazil, approximately 165 km northeast of Belo Horizonte in State of Minas Gerais. It is situated north of the prolific Iron Quadrangle, a district famous for its substantial iron deposits.
​
​
According to the Society for Geology Applied to Mineral Deposits (SGA), the region has Over 1.6 billion tons of Certified Resources with high grade pellet feed of 68.5% Fe content and low contaminants, as a result of a complete study that included a drilling program, which completed more than 100,000 meters of drilling in over 300 holes. The study has also proven a 20+ years of mine life expected.
The mineral rights at Morro do Pilar includes exploration licenses, requests for exploration licenses and requests for mining concessions.
​
​
The region counts with a vast water network that can supply various mining processes required in the operation. MOPI already owns the water grant for this purpose.
MOPI`s iron ore is, proven, a high quality material with:
- Low grade of phosphorus
- Low grade of SiO2 and Alumina
- High-grade product for direct reduction required by industry
​
Core sample from MOPI in the preliminary stage of the project
Seaborne Iron Ore Trades (Lump, Sinter And Pellet Feed)
Mining Project Roadmap to Production
Mopi’s Research Center: Pilot Plant
• Continuous testing of larger size samples - Necessary parameters to optimize the process equipment and support detailed engineering.
​
​
• Product samples for testing at potential customers and international labs.
High grade Iron Ore - Strong Demand, Short Supply
- Minimum 67,5% Fe required
- Growing production (available natural gas)
- Restricted supply of High-Grade Iron Ore
- MOPI's high Fe can balance the increasingly lower Fe and higher impurities of iron ore new projects
- Improve producing and lower costs
- Reduce emissions (CO2, NOx, SOx)