Anglo American Starts Building Minas-Rio

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

 

The Conversation (0)
×