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The Minas-Rio complex is an integrated iron ore operation with a nameplate capacity of 26.5Mtpy of high-grade pellet feed. It has the potential to expand …
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The Minas-Rio iron ore mining project is situated in the states of Minas Gerais and Rio de Janeiro in the south-eastern region of Brazil. It is owned by Anglo American through its subsidiary, Iron Ore Brazil. The mine's development has been underway since 2009 after Anglo had bought it from MMX in 2008 for $4.6bn.
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MMX Minas-Rio is developing an integrated iron ore project consisting of (i) a number of iron ore deposits in the State of Minas Gerais, Brazil, (ii) one or more slurry pipelines and (iii) the ongoing development of an iron ore terminal in the state of Rio de Janeiro to handle cape-size vessels (collectively the "Minas-Rio Project").
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Based on that law, Minas Gerais prosecutors are seeking to block the planned expansion in capacity of the Minas-Rio facility, which includes raising the height of a dam that contains mining tailings. The company received the last licence it required in December to increase the complex's total capacity to 26.5 million tons (Mt) of iron ore ...
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Fortescue aims to triple production to 400 million tons per annum by 2040 through incremental expansion and discoveries like the recent Iron Bridge magnetite project. ... Diversified mining leader Anglo American produces iron ore from its Minas-Rio mine complex in eastern Brazil and Kumba Iron Ore subsidiary in South Africa. …
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Serpentina holds a mineral resource of 4.3 billion tonnes of iron ore, with potential for a total endowment that is more than double the current strike length of Minas-Rio. The higher-grade iron ...
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Iron ore is Brazil's largest foreign exchange earner and Minas-Rio has been one of the most significant private investments in the country's economy in recent years. ( Image courtesy of
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Under the agreement signed with Anglo, Vale will contribute with high-grade iron ore from Serra da Serpentina, Minas Gerais, and a supplementary cash disbursement of $157.5 million for the 15% stake, with an option to purchase another 15% in the future …
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Anglo's Minas-Rio pushing back ramp-up plans - Mining … · An Anglo American Brazil executive has reportedly confirmed that, while the company's Minas-Rio iron ore complex is still set to restart production in November or December, a planned 2020 ramp-up to 26.5 million tonnes is now slated for 2021
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Minas Rio's pellet feed ore production was 24mn t in 2023, up by 12pc from a year earlier. Vale will receive its pro rata share of Minas Rio production with completion of the deal. It will also have an option to acquire an additional 15pc stake in the enlarged Minas Rio for cash, if and when certain events relating to a future expansion of ...
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MMX currently owns 70% of the Amapá project and Cleveland Cliffs Inc. owns 30%. The resource statement for both the Minas-Rio and Amapá iron ore projects is being updated in Q1 2008. Anglo American already owns 49% of the Minas-Rio project and 49% of LLX Minas-Rio, the owner of the Port of Açu. Newco will own the remaining 51% …
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Minas Rio's pellet feed ore production was 24mn t in 2023, up by 12pc from a year earlier. Vale will receive its pro rata share of Minas Rio production with …
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Anglo American has announced that it has agreed to acquire and integrate the contiguous Serra da Serpentina high quality iron ore resource owned by Vale SA …
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Minas-Rio. 51 year open pit life (Ore Reserves of 1.7Bt Saleable) Exclusive Mineral Resources of 2.0Bt (average c.32%Fe), plus potential 4.3Bt of high grade iron ore …
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Located on the south-east border of the São Francisco Cràton, Minas-Rio iron ore project explores the iron deposits in the Serra do Sapo and Itapanhoacanga the …
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The expansion includes the refurbishment of an iron ore mill that is scheduled to bring the processing capacity at Serra Leste to 10 million tonnes per year by early 2023. #3 Fortescue Operations
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The resource laso has a higher iron ore grade than Minas-Rio's already high grade ore and contains predominantly softer friable ore that together are expected to translate into lower unit costs and capital requirements for its extraction. The combination of the two resources also offers considerable expansion opportunities, including the ...
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LONDON, UK: Anglo American plc, a global mining company, has announced a deal with Vale SA, the world's largest iron ore producer, to acquire and integrate a massive iron ore resource adjacent to its Minas-Rio mine in Brazil. The deal, valued at US$157.5 million, will give Vale a 15% stake in the enlarged Minas-Rio, which …
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The century-old company has long said the third phase is critical for Minas Rio to reach its full capacity of 26.5 million tonnes of iron ore a year by 2019. Together with increasing the current ...
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2014. Mine Life. 2074. Minas-Rio comprises the Serra do Sapo mine and the Itapanhoacanga Project. Minas-Rio operation consisting of the Serra do Sapo open pit mine and beneficiation plant, produces a high-grade pellet feed product, with low levels of contaminants. The iron ore is transported through a 529 km pipeline to the iron ore …
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Final phase of Minas Rio mine expansion a priority for Anglo — report The company plans to invest a $308 million (R$1 billion)… Cecilia Jamasmie | January 3, 2017 | 7:26 am
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Minas-Rio. Diversified miner Anglo American has agreed to acquire, from Brazilian iron-ore miner Vale, the high-quality Serra da Serpentina iron-ore resource and integrate it into its contiguous ...
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Anglo bought Minas-Rio in 2007-2008 from former Brazilian billionaire Eike Batista for about $5.5 billion. The mine performed strongly last year, producing 24.1 million tonnes of iron ore New Tab
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1 MINAS-RIO ownership The Minas-Rio operation is located in the states of Minas Gerais and Rio de Janeiro and includes an open pit mine and a benefi ciation plant in Minas Gerais, producing direct reduction and blast furnace pellet feeds. The iron ore produced is transported to the port in Rio de Janeiro state through a 529 km pipeline.
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Minas-Rio is an integrated iron ore operation with a nameplate capacity of 26.5 Mtpy of high-grade pellet feed, with potential to expand to up to 31 Mtpy in its current configuration. ... If the FS meets an agreed IR hurdle rate, then the preliminary environmental license for the expansion of Minas-Rio must be applied for. The Serra da ...
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22nd February 2024. By: Darren Parker. Creamer Media Contributing Editor Online. Font size: - +. Diversified miner Anglo American has agreed to acquire, from Brazilian iron …
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Minas-Rio and Barro Alto are the first iron ore and nickel-producing mines in the world to complete an IRMA audit. This follows the achievement of Anglo American's Unki platinum mine in Zimbabwe, the first in the world to publicly commit to be independently audited against the IRMA Standard for Responsible Mining and which also …
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The existing Minas-Rio pipeline crosses the Vale rail network downstream from Minas-Rio, enabling a far shorter second pipeline to connect with the rail corridor to the Tubarão port. The Transaction does not include or affect Anglo American's 50% interest in the iron ore export facility at the port of Açu.
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Minas-Rio is a surface iron ore mine owned and operated by Anglo American located in the northeast corner of the Quadrilátero Ferrífero (QF) region of Minas Gerais state, near the city of Conceição do Mato Dentro. ... Kiruna is undertaking an expansion project that will increase mining depth from 1km to 1.3km and production to 16 Mtpa ...
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According to the company's third-quarter results, published Oct. 21, the company exported close to $1 billion worth of iron ore in three months just from its Minas-Rio operation.
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