PNP 1000 Project (DFC-PNP)

Countries
  • Brazil
Where the impacts of the investment may be experienced.
Specific Location
Brejo Seco, Capitão Gervásio Oliveira Municipality, Piauí
Whenever identified, the area within countries where the impacts of the investment may be experienced. Exact locations of projects may not be identified fully or at all in project documents. Please review updated project documents and community-led assessments.
Financial Institutions
  • US International Development Finance Corporation (DFC)
International, regional and national development finance institutions. Many of these banks have a public interest mission, such as poverty reduction.
Project Status
Proposed
Bank Risk Rating
A
Risk rating varies among banks and may refer only to the particular investment and not to the risk for the project as a whole. Projects marked 'U' have an 'Unknown' risk rating at the time of disclosure.
Borrower
Piaui Niquel Metais SA
The holder of the loan, grant, or other investment.
Sectors
  • Mining
The service or industry focus of the investment. A project can have several sectors.
Investment Amount (USD)
Not Disclosed
When disclosed, the bank did not provide this value. Please review updated project documents for more information.
Primary Source

Original disclosure @ DFC website

Updated in EWS Jul 22, 2020


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Project Description

According to the bank, "the Project involves the construction and operation of an open-pit nickel and cobalt mine entailing the mining of nickel laterite ore at a rate of 120,000 dry metric tonnes per year. The ore will be processed using a heap leaching method which involves the irrigation of the ore with a dilute acid solution to obtain the nickel and cobalt. The resulting leach solution will be purified and de-watered to produce 1,400 metric tonnes per year of nickel and 35 metric tonnes per year of cobalt, both as hydroxide products. All Project process plant residues will be filtered to a solid state so that they can be stacked in a dedicated and protected residue disposal area, obviating the need for a wet tailings dam"

Investment Description
  • US International Development Finance Corporation (DFC)

Could not find investment type at the time of the snapshots

Contact Information

Piauí Níquel Metais S.A.
CNPJ: 18.459.538/002-05
Address: AC Brejo Seco S/N, Zona Rural Capitão Gervásio Oliveira/PI - CEP: 64763-000

Legal Representative and Technical Responsible: Luciano Tadeu Silva Ramos

lramos@brnickel.com Technical Contact:

Marcelo Rideg Moreira mrideg@piauiniquel.com.br

Arcadis
CNPJ: 07.939.296/0001-50
Address: Rua Libero Badaró, 377 – 15o andar São Paulo/SP - CEP: 01009-906

Legal Representative and Technical Responsible: Karin Ferrara Formigoni

karin.formigoni@arcadis.com

CAU: A24660-3 Technical Contact:

Sueli Harumi Kakinami sueli.kakinami@arcadis.com CRBio: 14450/01-D

Geza Faria Abocz geza.faria@arcadis.com CREA-SP: 0602901571