Ramp-up for Anglo American's Minas Rio mine likely delayed to 2021

Anglo American should restart operations at its Brazilian Minas Rio iron ore mine in November or December but a planned ramp-up to 26.5-million tonnes per year is likely to be pushed back to 2021 from 2020 as previously expected, the miner's Brazil chief said on Tuesday.

The company halted production at its Minas Rio mine after two leaks in March in a pipeline that channels slurry more than 500 km from the mine in Minas Gerais state to a port in Rio de Janeiro state.