Anglo American told SteelOrbis Wednesday it has ran out of iron ore inventory and is currently negotiating supply with clients following two slurry pipeline bursts in March.
A spokesperson for Anglo American in Brazil said the company had an inventory of 700,000 mt, which has already been sent to clients.
“So far, we’re not producing nor selling iron ore,” the spokesperson said.
He said Anglo American was able to meet client orders until the time of the second incident in late March. The company said this week it has extended the halt at its Minas-Rio iron ore project from two to three months.
The spokesperson said the company had no estimates for when it could buy iron ore inventory from Anglo American’s other sites or third-party companies.