Iron ore terminal with an estimated investment of R$ 3.6 billion is expected to generate up to 3,000 jobs at the peak of construction. BELO HORIZONTE, Brazil, Oct. 16, 2026 /PRNewswire/ -- Cedro Participações received approval on Tuesday (October 13) from the State Environmental Control Commission (CECA) for the issuance of the Integrated Environmental License (LAI) for the development of Porto do Meio, an iron ore terminal that the company will build at the Port of Itaguaí, in the Greater Rio de Janeiro metropolitan area. 
