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 525 km 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]

Carroll is proud of Minas-Rio is an article in the SUNDAY TIMES and speaks about a money spinner and that in 2016 the project will start up.

See also

References

  1. ↑ "MINAS RIO GHOST REFUSES TO GO AWAY". 2010-12-12. Retrieved 2010-12-12.
  2. ↑ "Project Profiles, Minas-Rio". 2010-12-12. Retrieved 2010-12-12.
  3. ↑ "Anglo Ferrous Metals – Minas Rio Project". 2009-10-07. Retrieved 2010-12-12.
  4. ↑ "Minas Rio - The Source - WSJ". The Wall Street Journal. 2010-12-12. Retrieved 2010-12-12.
  5. ↑ "Minas Rio costs soar to $4.5bn". 2010-12-12. Retrieved 2010-12-12.
  6. ↑ "Anglo Ferrous Metals – Minas Rio Project". 2009-10-07. Retrieved 2010-12-12.
  7. ↑ "Anglo Gets Key Permit for Minas Rio Iron-Ore Site, Allowing Building Work - Bloomberg". 2010-12-12. Retrieved 2010-12-12.
  8. ↑ "Anglo to start building Brazil mine, gets licence". Reuters. 2010-12-12. Retrieved 2010-12-12.