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

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 Córrego do Feijjão mine ruptured in January. The Mineração Usiminas unit is located in the same southeastern state of Minas Gerais as the Feijão mine.

“We’re still expecting...


Renato Rostás

April 22, 2019

17:59 GMT

São Paulo