Investor Presentaiton
Summary of licenses and permits
Under Brazilian law, a pit is fully permitted to mine when the Company holds both a Mining Concession/Permit and Environmental License for
that area. Verde is fully permitted to mine 2,833,000 million tonnes per year ("Mtpy”) and has submitted concurrent mining and environmental
applications for an additional 25,000,000 tpy, still pending approval.
The Company has different mine pits, each at different permitting stages and targeting different volumes, as summarized in the table below:
Fully Permitted to
Mining (tpy)
Environmental (tpy)
Mine Pit
Produce (tpy)
Granted
Pending
Granted
Pending
1
233,000
233,000
0
233,000
0
2
2,600,000
2,600,000
22,500,000
2,600,000
22,500,000
3
0
0
2,500,000
0
2,500,000
Other pits
0
0
11,560,000
0
0
Total
2,833,000
2,833,000
36,560,000
2,833,000
25,000,000
The Company is fully permitted to achieve its 2023 targets.
TSX: NPK OTCMKTS: VNPKF
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