CVRD seeks more Brazil rail

CVRD, the world’s biggest iron ore producer, will bid to control a new stretch of railway in Brazil that will allow the company to create a new corridor for agricultural commodities and general cargo.

CVRD seeks more Brazil rail CVRD seeks more Brazil rail CVRD seeks more Brazil rail CVRD seeks more Brazil rail CVRD seeks more Brazil rail

If it wins the bidding war, the new corridor will ease pressure on CVRD's principal iron ore routes.

But the additional rail won’t come cheap for the global mining giant.

loader