With expectations that China will stabilise its economy and stimulate the real estate sector, iron ore demand is seen to be rising, analysts with Huatai Futures wrote in a note.
The assets, worth about $1.2 billion, include Mineracao Corumbaense, Mineracao Mato Grosso, International Iron Company and Transbarge Navegacion ventures.
Brazilian researchers found that Southern cattail is effective in mitigating the environmental impact of iron ore tailings and trace elements such as nickel, chrome, copper and lead.