Honbridge To Build $600M Iron Ore Pipeline In Brazil

Law360, New York (July 9, 2012, 6:27 PM EDT) -- Hong Kong-based mineral resources exploration company Honbridge Holdings Ltd. plans to build a 260-mile iron ore pipeline between the Brazilian states of Minas Gerais and Bahia as part of its $3.6 billion Sul Americana de Metais project, according to local news reports Monday.

The project would carry a mixture of water and processed iron ore to the port of Ilheus for distribution to steelmakers in China and elsewhere, according to the Estado de Minas newspaper. It could also add about $600 million in investments to the...
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