The Brazilian state of Minas Gerais has signed a protocol of intent with Sul Americana de Metais, a unit of Chinese miner Honbridge, for the construction of a 9.1-billion reais ($2.2-billion) mining complex, newspaper O Estado de Sao Paulo reported on Saturday.
The agreement, signed on Thursday, will include the construction of a 845-million square meters tailing dam, which will be one of the largest in Brazil, according to the report.