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The government is holding the first auction for mineral exploration



The first mineral exploration auction in Brazil was held today.

Perth Resources Minerals, a company established in Brazil but of Australian origin, has acquired the rights to utilize the Palmeirópolis Polymetallic Complex in Tocantins (420 kilometers from Palmas).

The area was part of the Investment Partnership Program (PPI). The company was the only one to submit a proposal.

The estimate is investments of $ 255 million.


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