Iron Ore Mining in Brazil to 2020

Date: 2015-09

Brazil has significant amount of crude iron ore reserves of 31 billion tonnes as of February 2014. The country holds high grade reserves in the states of Para and Minas Gerais, with most of the country’s operational mines located in the latter. Iron ore production is expected to grow over the forecast period 2014–2020 to 656.1Mt, following expected increase in demand, expansion of mines and upcoming projects until 2016.

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