Brazilian steelmaker USIMINAS advances iron ore mining projects
Brazilian Steelmaker Usinas Siderurgicas de Minas Gerais S.A. Monday announced it is advancing plans to reach an annual production of 29 million tons of iron ore by 2014. In 2008, the Brazilian company entered into the mining sector by acquiring an iron ore mine complex with four mines -- J. Mendes, Global, Somisa and Pau de Vinho -- and three processing plants in the city of Itatiaiucu, Minas Gerais, in southern Brazil. Currently, the Itatiaiucu mine complex produces 6 million tons per year of iron ore, which represents approximately 50 percent of the raw material required for the two steel mills operated by Usiminas in Ipatinga and Cubatao, both in Brazil.
Similar articles
Vale inaugurates AI-based model plant in Brazil to improve mining safety and efficiency
12 Jun | Steel News
Brazilian high-grade iron ore price declines on lower purchases in China
08 Jun | Scrap & Raw Materials
Brazilian iron ore exports decline by 19 percent amid less shipments to China in May 2026
05 Jun | Steel News
Brazilian high-grade iron ore price slips on increased transoceanic shipments
02 Jun | Scrap & Raw Materials
Brazilian high-grade iron ore price declines on high weekly transoceanic shipments
25 May | Scrap & Raw Materials
Brazilian high-grade iron ore prices decline on China plan to curb domestic steel capacity
19 May | Scrap & Raw Materials