Arcelormittal completes the expansion of an iron ore mine in Brazil

The Brazilian division of the Arcelormittal is at the final stage of expansion of its iron ore mine, Serra Azul, located in the state of Minas-Zhirace.

with investments estimated at $ 370 million, production capacity will increase from 1.6 to 4.5 million tons per year, and additional production will begin. As early as 2025. The production of the mine will be concentrated on high-grade fuel from pellets (less than 0.15 mm) for the production of DRI (direct recovery iron). years.