Chinese group signs letter of intent with Brazilian mining company

The CEO of the Brazilian mining company Renato Lira has signed a letter of intent with the Chinese group Taizhou Silese Overseas Technology Co Ltd, represented by business manager Jin Woof. The objective of the partnership is to explore ore in the Guanambi region.

According to commercial manager Woof, there is a deposit in the region with a large deposit of high purity ore. This discovery led the company Taizhou Overseas to send a representative to Brazil in order to explore this opportunity.

According to the CEO of Renato Lira, the signed contract opens up a range of opportunities for the region. The extraction of this ore arouses the interest of large companies, including a giant in the manufacture of solar panels. However, it is important to point out that the business is still at an early stage.

(Source: Jornal Conquista)