Anglo American secures future of Minas Rio iron mine
Brazilian authorities grant miner a key tailings dump licence, ensuring uninterrupted production
Anglo American secured an important licence from Brazilian authorities for the use of a newly constructed tailings dam at its Minas Rio iron ore mine.
Analysts had pointed out that future production at Minas Rio would be severely curtailed if Anglo were unable to raise the level of the tailings dam. Anglo said on Monday the Brazilian authorities had granted it the licence to operate the raised dam...