Let's get this straight.
Mars didn't buy any land.
They paid for exploration licenses.
They paid approximately $1.28 AUD per hectare for the first four year term and it'll cost approximately $1.92 AUD (at current fee rates) per hectare if electing to renew for another 4 years.
https://lawsofbrazil.com/mining-law/
"The TAH applicable from 27 October 2022 is R$4.09 for the initial term of the exploration licence and R$6.13 for the extension of the term."
Ann: Notice of Annual General Meeting/Proxy Form, page-14
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