10
Apr
09:58
Brazil’s J. Mendes Group expands iron ore operations
Brazil's J. Mendes Group says it will invest BRL 580 million ($114.7m) in expanding its operations. The company extracts, processes and sells iron ore through its open pit mines in Congonhas-Ouro Preto and Piracema-Desterro de Entre Rios in Minas Gerais state. Both sites have an annual production capacity of almost 9 million tonnes of material with high Fe content.
The group plans to allocate BRL 81.4 million for the expansion of Mina do Baú, operated b…
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Anonymous
Very good overview of the weekly steel market.
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