THE FIOL
PROJECT

The project consists of three stretches that will connect the city of Ilhéus (in the state of Bahia) to Figueirópolis (located in the state of Tocantins), with a total distance of 1,527 km.

Stretch 1, known as FIOL I (between Caetité and Ilhéus), was acquired in an auction, and will measure 537 km in distance. In September 2021, BAMIN signed the concession contract (covering a period of 35 years) with the Ministry of Infrastructure (MINFRA). The project’s route will take it through 19 municipalities and should handle up to 60 million tons per year – with 60% of this capacity to be made available to other mining companies, in the agribusiness space and other sectors.

Stretch 2 links Caetité and Barreiras (a distance of 485 km) and Stretch 3 begins at Barreiras and terminates at Figueirópolis (a distance of 505 km). Both stretches are being administered by the Federal Government.

FIOL is one of the main infrastructure projects under construction in the country and is essential for mining, agribusiness and the integrated logistics project with Mine Pedra de Ferro, in Caetité and Porto Sul, in Ilhéus.

REGULATIONS, CORPORATE DOCUMENTS AND FINANCIAL STATEMENTS

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