Minas-Rio is an iron ore mining project in Minas Gerais state, 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]
The mine began operating and shipping ore in 2014. [9]
Minas-Rio is an iron ore mining project in Minas Gerais state, 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]
The mine began operating and shipping ore in 2014. [9]