[miningmx.com] – FIRST ore from Minas Rio, an iron ore mine in Brazil developed by Anglo American, has been delivered, the UK-listed group said.
“The first cargo of more than 80,000 tonnes of iron ore for the pellet feed market has been loaded onto a chartered vessel at the dedicated export terminal at the port of Açu in Rio de Janeiro state and the vessel is currently en route to customers in China,” the group said in a statement.
“We believe that the outlook for our particular premium product remains attractive, despite the current weakness in the iron ore price, and that the fully integrated operation of Minas-Rio – from mine to port – will enable us to sustain our low operating cost position over the long term,’ said Mark Cutifani, CEO of Anglo American.
