Brazil's Usiminas expects iron ore output increase in 2019 despite crowded licensing

April 23, 2019 / www.metalbulletin.com / Article Link

Brazilian steelmaker and miner Usiminas maintained its production target of 7.5-8 million tonnes of iron ore in 2019, despite uncertainties that surround the start of operations at two plants needed to reach that volume, the head of its mining unit, Carlos Rezzonico, said on Friday April 19.

The company's iron ore output was 5.65 million tonnes last year.Licensing for the mining industry in Brazil turned slower after a tailings dam at Vale's C??rrego do Feijj??o mine ruptured in January. The Minera????o Usiminas unit is located in the same southeastern state of Minas Gerais as the Feij??o mine."We're still expecting to start up the east...

Recent News

Gold stocks lead the large cap miners by far over H1/25

July 07, 2025 / www.canadianminingreport.com

Gold stocks up as the metal price and equities gain

July 07, 2025 / www.canadianminingreport.com

Mixed outlook for gold as it remains range bound for past three months

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on flat metal price

June 30, 2025 / www.canadianminingreport.com

Gold stocks down on metal decline

June 23, 2025 / www.canadianminingreport.com
See all >
Share to Youtube Share to Facebook Facebook Share to Linkedin Share to Twitter Twitter Share to Tiktok