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    iron investing

    Anglo American Starts Building Minas-Rio

    Investing News Network
    Sep. 04, 2013 11:22AM PST
    Base Metals Investing

    Anglo American (LSE:AAL), through its subsidiary Anglo Ferrous Minas-Rio Mineracao SA, said it has started constructing its Minas-Rio iron ore mine in Brazil.

    Anglo American (LSE:AAL), through its subsidiary Anglo Ferrous Minas-Rio Mineracao SA, said it has started constructing its Minas-Rio iron ore mine in Brazil.

    As quoted in the market news:

    The company has announced that the project has 5.77 billion tons of resource and is targeting first ore on ship (FOOS) in late 2014.

    Click here for the full press release on Marketwatch

     

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