Investor Presentaiton
266
Permit Summary
Under Brazilian law, a pit is fully permitted to mine when the Group holds both a Mining Concession/Permit and Environmental License for that
area. Verde is fully permitted to mine 2,833,000 tpy and has submitted concurrent mining and environmental applications for an additional
2,500,000 tpy, still pending approval. The Group has 3 different mine pits, each at different permitting stages and targeting different volumes, as
summarized in the table below.
Mining (tpy)
Environmental (tpy)
Mine Pit
Fully Permitted (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
0
3
0
49,800
2,500,000
Total
2,833,000
2,882,800
25,000,000
2,833,000
0
2,500,000
2,500,000
The Group is fully permitted to achieve both its 2022 and 2023 targets.
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