Novinco S. A.
Company Details
Company Introduction
I am writing to inform you that Novinco S. A., a mineral mining company based near Montevideo, Uruguay is looking for a entrusted company to purchase 50% mining right to a large property holding. This includes full management rights, personnel control, and full rights to the lease (valid until 2036, and thereby open for renewal) on the property, a 363 hectare space. It is effective authority over the entire property and all assets associated or held within. Current land inspections and digs have concluded the existence of iron and titanium deposits with concentrations among the highest in the world. The potential market value of saleable deposits associated with this holding has recently been valued at over 20 billion USD in potential iron ore sales. Currently, extractions have been made in only 30 hectare of the 363 hectare space, and at only a 12 meter depth. Only 21, 000 metric tons have been extracted thus far, indicating exploitation less than 1% of the mine&＃39;s potential render. All terms are currently negotiable. We welcome questions and concerns at any time
Company Information
Company Product
- Mining CooperationIron Ore