Triunfo, ALL and Vetorial Unite to Create Vetria Mineracao
SAO PAULO, Dec. 20, 2011 /PRNewswire/ -- Triunfo Participacoes e Investimentos (BM&FBovespa: TPIS3; OTC: TPIUY.PK), ALL - America Latina Logistica S.A. and Vetorial Participacoes S.A. unite to create Vetria Mineracao S.A.
As an integrated mine-logistics-port system, Vetria will operate in the processing, transport, commercialization and export of iron ore through (i) a multi-purpose private port to be built in the city of Santos, in the state of Sao Paulo; (ii) a railway transportation capacity provided in accordance with the provisions of a transportation service agreement signed with ALL; and (iii) an company owned mine located in the Urucum Massif, located in the region of Corumba, in the state of Mato Grosso do Sul. The Urucum Massif region is rich in high-quality iron ore, with an estimated average iron grade above 62%.
Further information available on the website www.triunfo.com/ir.
IR CONTACT
Ana Carvalho
IR Officer
Tel: +55 11 2169 3999
[email protected]
www.triunfo.com/ir
SOURCE Triunfo Participacoes e Investimentos S.A.
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