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Brazilian LHG to increase iron ore production

Brazilian LHG to increase iron ore production
LHG Mining, an iron ore producer located in the central-western state of Mato Grosso do Sul, Brazil, is investing about $770 million to expand annual iron ore production from 12 million to 15 million tons.

Mining assets were acquired from Vale in 2022, including a mine and a port, with integrated river logistics and the use of a filtration-based production process that eliminates the use of a waste dam.

The expansion will focus on the creation of a long-distance conveyor belt system and a railway terminal with an area dedicated to the replenishment of ore reserves. The conveyor belt will cover 13 sites in 9 rural areas, with the state government declaring the area a public utility to simplify negotiations between LHG and landowners.

Upon completion of the expansion, LHG will take the fourth place among Brazilian iron ore producers after Vale, CSN Mineração and Anglo American.

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