In 1911, Itabira Iron Ore Company was incorporated to replace Brazilian Hematite, as the first company authorized to operate in the region. In 1939, the owner of Itabira Iron Ore Percival Farquhar created Companhia Brasileira de Mineração e Siderurgia with six other Brazilian entrepreneurs. To tackle the need for a distribution channel, the
Rio Tinto iron ore on track as Brazil flounders again
19.04.2021· Rio Tinto's flagship iron ore division has made its best start to a year since 2018 despite problems with finding workers in Western Australia's hot labour market, as weak exports from Brazil
27.04.2021· The total volume of iron ore dispatched to global destinations from the 19 ports and 16 mining companies in Australia and Brazil under Mysteel's survey increased for the second week by another 655,000 tonnes or 2.7% on week to 24.7 million tonnes over April 19-25, as higher volume from Australia offset the decline from Brazil.
20.06.2019· Brazilian iron ore miner Vale is set to resume complete operations at Brucutu mine in Sao Goncalo do Rio Abaixo, Minas Gerais, after the Supreme Court reversed a previous ruling that stopped processing due to concerns of safety at a nearby dam. On Wednesday, it was announced that the company planned to resume operations within 72 hours
06.06.2019· Iron ore giant Vale has been forced to close mines in Brazil, representing about 90 million tons of annual product, after a tailing dam disaster in January which killed hundreds. The company is facing another dam failure at one of its inactive mines and its 30mtpa Brucutu mine remains closedShares in Rio Tinto hit an 11-year high on Monday before closing up more than 2% after