Minas-Rio

Minas-Rio is an iron ore mining project in Brazil.[1] It is one of the world's largest mining projects, and is initially expected to export 26.5 million tonnes of iron ore in 2013, through a 525km slurry pipeline to a port at Açu;[2] production potential is 53 Mtpa or higher.[3]

The project was bought by Anglo American PLC, which is facing high costs.[4][5] The mine has certified reserves of 4.6 billion tonnes of itabirite.[6]

There have been delays in starting the project, but in December 2010, Anglo American obtained a key license needed from Brazilian government before mining could start.[7][8]

See also

References

  1. ^ "MINAS RIO GHOST REFUSES TO GO AWAY". 2010-12-12. http://www.miningweekly.com/article/minas-rio-ghost-refuses-to-go-away-2010-08-06. Retrieved 2010-12-12. 
  2. ^ "Project Profiles, Minas-Rio". 2010-12-12. http://www.bnamericas.com/project-profile/en/Minas-Rio-Minas-Rio. Retrieved 2010-12-12. 
  3. ^ "Anglo Ferrous Metals – Minas Rio Project". 2009-10-07. http://www.investis.com/anglo_report_pdf/AFM-Minas-Rio-FINAL.pdf. Retrieved 2010-12-12. 
  4. ^ "Minas Rio - The Source - WSJ". The Wall Street Journal. 2010-12-12. http://blogs.wsj.com/source/tag/minas-rio/. Retrieved 2010-12-12. 
  5. ^ "Minas Rio costs soar to $4.5bn". 2010-12-12. http://www.miningmx.com/news/ferrous_metals/minas-rio-costs-soar-again.htm. Retrieved 2010-12-12. 
  6. ^ "Anglo Ferrous Metals – Minas Rio Project". 2009-10-07. http://www.investis.com/anglo_report_pdf/AFM-Minas-Rio-FINAL.pdf. Retrieved 2010-12-12. 
  7. ^ "Anglo Gets Key Permit for Minas Rio Iron-Ore Site, Allowing Building Work - Bloomberg". 2010-12-12. http://www.bloomberg.com/news/2010-12-10/anglo-gets-key-permit-for-minas-rio-iron-ore-site-allowing-building-work.html. Retrieved 2010-12-12. 
  8. ^ "Anglo to start building Brazil mine, gets licence". 2010-12-12. http://af.reuters.com/article/investingNews/idAFJOE6B907J20101210. Retrieved 2010-12-12.