A unit of Toronto-based miner Brazil Potash is working to keep a $2.5 billion potash project on schedule, as legal challenges are mounting to its plans for extracting the fertilizer ingredient from beneath the Amazon rainforest.
In an interview, Potassio do Brasil Chief Executive Adriano Espeschit described a protracted licensing process hinging on court-supervised talks with the Mura Indigenous people, who have the right to be consulted under an International Labor Organization convention.
The situation highlights risks associated with mining projects in the Amazon at a time when global potash prices have tumbled after steep rises last year. In court filings and public statements, prosecutors accused Potassio do Brasil of "intimidating" the Mura with its public promotion of the project in their community.
In February, however, a judge gave federal environmental agency IBAMA jurisdiction over the licensing process. An Ibama spokeswoman said the permitting process will not necessarily start from scratch, because some studies submitted to state authorities may be useful in the federal review.
Norge Siste Nytt, Norge Overskrifter
Similar News:Du kan også lese nyheter som ligner på denne som vi har samlet inn fra andre nyhetskilder.
Cleveland Cavaliers, Anderson Varejão unveil refurbished basketball court in Brazil (GALLERY)The Cleveland Cavaliers and former C Anderson Varejão this week announced a new long-term initiative to grow the sport of basketball in Brazil by way of a newly refurbished basketball court.
Les mer »
Man kills 4 children with hatchet at a day care center in BrazilAt least four other children were wounded in the attack in Blumenau. The assailant, who got inside by jumping over a wall, turned himself in at a police station, officials said.
Les mer »
NBA play-in tournament: Chicago Bulls head to Toronto to play the Raptors on WednesdayThe Chicago Bulls will face the Toronto Raptors in the first round of the NBA play-in tournament on Wednesday.
Les mer »
Angels get balanced attack in win over Toronto Blue JaysMike Trout, Hunter Renfroe and Luis Rengifo hit home runs in the Angels’ come-from-behind victory.
Les mer »
Trout's 3-run homer powers Angels' rally past Toronto, 9-5- The Angels celebrate homers by putting a celebratory hat on the head of the hitter when he returns to the dugout, and Shohei Ohtani picked out quite the new chapeau for this season: A samurai helmet made of metal and weighing several pounds.
Les mer »