Iron ore output at Anglo’s Minas-Rio mine in Brazil declined 6 percent, year-on-year, Anglo American said this week.
Anglo said the Minas-Rio mine produced 4.2 million mt of iron ore, down from 4.5 million mt in the same quarter of the year prior.
The company said it is still in the process of obtaining necessary licenses for phase 3 of the Minas-Rio iron ore project, so it can reach an annual output of 26.5 million mt.
Anglo said it expects to produce between 16 to 18 million mt of iron ore at its Minas-Rio mine in Brazil this year.
The Minas-Rio iron ore project comprises an open pit mine, a beneficiation plant producing high-grade pellet feed, and a 529kmlong (328milelong) pellet feed-transporting pipeline connecting different cities in the states of Minas Gerais and Rio de Janeiro.