Is it true that the company paid R$ 0.40 per m2 (square meter) to residents who were removed because o the civil construction works of the port and railroad?
No. The amount paid to the owners of plots of land in Alcoa’s port area was R$ 4.025 per square meter, including reproductive betterments. As they were small suburban plots of land the calculation was in square meters. In addition to the amount calculated on the area, constructed betterment was also considered, for which there was a complementary additional payment. Along the whole of the length of the railroad, as we were dealing with large plots of the area calculation was in hectares. The amount paid was R$ 2,400.00 per hectare. The amounts paid to owners, whether in the port or the railroad area, exceeded any reference value in the region, being over the average of the official and market valuations. In the region where the beneficiation installations are located nobody was relocated.
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