English 
Spanish 
2 min read
Anglo American's investments are part of phase 3 of the operation and maintenance project for the Minas-Rio system, in Conceição do Mato Dentro
The mining company Anglo American will invest around US$ 200 million and US$ 250 million in the Minas-Rio system, in Conceição do Mato Dentro, in the Middle Espinhaço region. The investments are part of the US$ 1 billion package earmarked for phase 3 of the project, aimed at its operation and maintenance, as well as improvements in safety and increased production at the mines.
Read also
Ore and nickel demand and Anglo American investments
According to the CEO of the Brazilian subsidiary Anglo American, Wilfred Bruijn, even if there are still uncertainties regarding the global and national economic scenario due to the Covid-19 pandemic, it is expected that in 2021 demand will remain strong, both for iron ore and nickel, with Goiás being the center of these operations.
“We have noticed, mainly from the second half of last year, a global increase in commodities, not just those of Anglo American. In the specific case of iron ore, China continues to be the major driver and our product has the attraction of high content (67%) and low impurities. Therefore, we envision, at least, a first semester with very high demand”, said Bruijn.
- Elon Musk proposes $20 trillion alternative to tunnel that will connect New York and London in just 54 minutes
- Important highway (BR) will be renovated and selection to fill job vacancies on the project already has a start date
- Chinese Midea invests R$630 million and opens new factory in Pouso Alegre: the first 100% owned unit in Brazil promises to revolutionize the home appliance market in the country!
- Construction of the world's longest and deepest road tunnel will cost an incredible R$277 BILLION! The monumental construction will cut a 21-hour journey in half
Anglo American Production Expectation
According to Bruijn, the expectation is that there will be an increase of 5% over the previous year in relation to the production of iron ore and nickel.
In 2020, Anglo American produced around 24 million tons of iron ore within the Minas-Rio system, with a 4% increase when compared to what was produced in 2019. Thus, in 2021 production should be of 25 million tons or more.
“This year's investments include increased productivity and contribute to the expectation of adding volumes to production”, reported Bruijn.
