Brazilian iron ore export volumes in the accumulated period of January to August this year rose 11 percent, year-over-year, according to data released this week by the Brazilian Mining Institute, IBRAM.
IBRAM said Brazilian iron ore export volumes in January-August totaled 233 million mt. In terms of value, iron ore exports reached $32.4 billion in the January-August period, 127 percent up, year-over-year.
IBRAM said investments in the iron ore industry in Brazil in the January-August period totaled $13 billion.